Hansen's Estate

Opinion by

Mr. Justice Stern,

Testatrix, who died on January 15, 1939, leaving an estate of over two and a half million dollars, bequeathed to her executors the sum of $250,000 “either in cash or in securities, at the election of my executors,” in trust to pay one-half of the net income to her daughter, Lynda H. Gellatly, for the support, maintenance and education of the grandson of testatrix, John Hansen Gellatly, during his minority, the other half to be accumulated and paid to him upon his attaining the age of twenty-one; thereafter to pay the entire net income to him during his life, with…