Neal Estate

Flick, P. J.,

— This is a case of first impression involving the question of ademption of a testamentary gift of corporate stock, exchanged with court approval by the guardian of the estate of the owner who became incompetent after executing her will, for stock of a corporation which by similar exchanges acquired all the stock of the corporation in which testatrix had owned shares.

The matter comes before the court on the petition of Warren National Bank as administrator, c. t. a. of the estate of Ida Neal, who died November 14, 1961, leaving a will dated April 8, 1955, the sixth paragraph of…