In re the Construction of the Will of Stout

In a proceeding for the construction of a will, petitioner, who is the income beneficiary of a trust thereby created, The Theosophy Company, Inc., which is a remainderman, and the Attorney-General of the State of New York appeal from a corrected decree of the Surrogate’s Court, Queens County, dated March 11, 1955. Petitioner also appeals from the original decree dated February 4, 1955. The corrected decree construed the will, declared valid a provision thereof which provides that a trustee named in the will may, upon the death of the income beneficiary, “pay to such person or persons as may…