In re the Estate of Prince

Slater, S.

The decedent died on July 20, 1929. At the time of his death he was one of the senior partners of Asiel & Co., stock exchange firm. Pursuant to the partnership agreement, the sur*601viving senior partner chose to continue the partnership business until the following December thirty-first, at which time the business was liquidated and the value of decedent's interest in the partnership was remitted to the executors. Of the fund remitted, the item of $71,476 represented the decedent's proportion of the profits of the partnership for the period from his death to December 31, 1929, the date…