In re the Estate of Kraus

Foley, S.

This is an application by the administrators for the advice and direction of the surrogate as to a proposed sale by them of 960 shares of the capital stock of the Eagle Pencil Company and 960 shares of stock of the Hudson Lumber Company owned by decedent at the time of his death. The certificates therefor are' now in the hands of Philip Berolzheimer, president of the Eagle Pencil Company, as trustee under certain agreements dated February. 12, 1885, February 26, 1887, and December 16, 1911. The trust attempted to be set up by the three agreements is palpably void." The power of…