In re the Accounting of Carpenter

Maximilian Moss, S.

The court is requested to construe article “ sixth ” of testatrix’ will in respect of the investment powers of the successor trustee. The relevant provision reads: “ sixth: * * * At the risk of my estate without responsibility to my Executor, he may sell or continue to hold any property in which at the time of my death any portion of my estate shall be invested although the same shall not be of the character authorized by the laws of the State of New York for trust investment and my trustee may continue to hold any such property and both my Executor and Trustee shall have…