In re the Estate of Pryor

Joseph A. Cox, S.

In this proceeding to settle their account the executors have petitioned for construction of the decedent’s will with respect to the allocation and distribution of certain property which has been received by them as executors and trustees under the decedent’s will.

At the time of his death the decedent possessed the right to receive certain royalty payments from the American Society of Composers, Authors and Publishers, more generally known as AS CAP. The decedent’s right to receive such payments was derived from certain musical compositions composed by his father some years…