In re the Estate of Johnson

Joseph A. Cox, S.

Objections to the account of the administrators c. t. a. have been filed by the secondary life beneficiaries and the remaindermen of the residuary trust. At the opening of the hearing, objections 4, 5, 7, 8 and 10 were withdrawn. Of the remaining objections, proof has thus far been submitted only with respect to the sale of shares of stock of three closely held corporations. One of the administrators c. t. a., Irving Kahn, was a stockholder in these corporations. The shares of one corporation were sold to Mr. Kahn individually, the shares of another were sold to him and a…