Legal Opinion

In re the Construction of the Will of Beddall

New York Surrogate's Court

Decided March 16, 1959Published

1Opinion of the Court

John J. Dillon, S.

The surviving income beneficiaries of the trust created under article “ seventh ” of the testator’s will have instituted this proceeding to obtain a determination as to whether any portion of the stock distributions by Standard Oil Co. of New Jersey, Inc. on June 13, 1951 and January 10, 1956, and by General Electric Co., Inc. on' June 11, 1954 constitute stock dividends, and if so, what portion, if any of the stock dividends are allocable to income.

The testator died a resident of Westchester County on December 8, 1918 and his will and two codicils thereto dated July 30,…

2Cases cited3 opinions

  1. In Re the Accounting of OsborneNew York Court of Appeals · 1913
  2. In re Bankers Trust Co.New York Supreme Court · 1957
  3. In re the Intermediate Accounting of Hanover BankNew York Surrogate's Court · 1958

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