In re the Estate of Rosenthal

S. Samuel Di Falco, S.

This is a proceeding to construe the will, principally as to paragraph Fourteenth which provides:

“ fourteenth : I authorize and empower my Executors and Trustees to retain any investment which may he part of my estate in the same form in which it shall be received, whether or not the same be legal for trust funds under the laws of the State of New York. With respect to new investments and reinvestments I authorize and empower my Trustees to make the same, without being limited to investments prescribed by law for trust funds, to the extent of twenty-five per cent (25%)…