Bard's Estate

Opinion by

Mr. Justice Barnes,

This appeal raises the question whether the trustee in the present case should be surcharged for failure to apportion a stock dividend and the proceeds of stock subscription rights between the life tenants and remainder interests.

The testator, Adam Bard, died on January 25, 1901. At the time of his death he owned 30 shares of Beading Trust Company stock, appraised at $3,750 and 24 shares of Penn National Bank of Beading stock, appraised at $5,832. He specifically bequeathed these shares to the Beading Trust Company “in trust to hold the same and to pay the income…