In re the Estate of Ebbets

Wingate, S.

This is an application by trustees for the advice and direction of this court regarding their action or non-action in respect to voting upon certain shares of stock forming a part of the corpus of this estate.

These shares constitute a fifty per cent holding of the outstanding capital stock of the Brooklyn National League Baseball Club and the Ebbets-McKeever Exhibition Company. The latter named corporation is the owner of a playing field in the borough of Brooklyn, which is leased to the Brooklyn National League Baseball Club. The latter corporation is the holder of a franchise in…