Stetson's Estate

Opinion by

Mr. Justice Simpson,

When testator died, the principal of his estate consisted in large part of common and preferred stock of the John B. Stetson Company, which, on the adjudication of the executors’ first account, was awarded to the trustees named in his will. On three several occasions thereafter, that company gave to each of its shareholders rights to subscribe to a portion of a new issue of stock. These were sold by the executors and trustees, when and as received, and the moneys thereby respectively realized were accounted for in the next three accounts, which were audited and…