In re the Estate of Hassett

Mathews, S.

The facts in this case are well set forth in the memoranda of the parties. Following is a summary:

During the years from 1894 to 1947, J. John Hassett was a lawyer and one of the leading businessmen of the City of Elmira. During the later years, his business activities predominated, and he became a man of considerable means. Among other concerns, he was especially interested in the Wisner Park Corporation and in the Southern Tier Theater Co., Inc. In each he was the owner of controlling shares of the capital stock, and in each he was the owner of second mortgage interest amounting…