In Re Megargee

The appeal is from an order sustaining exceptions to the executors' accounts, refusing them allowance for depreciation of assets, commissions and counsel fee and awarding counsel fee against them personally.

The testator died February 16th, 1930. By his last will and testament, after minor pecuniary bequests and a devise, he gave the residue of his estate to his executors, his two sons and the National City Bank of New York, in trust, to set aside $75,000 in good securities, to yield $3,600 annually, to be paid lifelong to three unmarried daughters, with survivorship, and having provided the…