Alcorn's Estate

Sinklek, J.,

The residuary estate is given “in trust to invest and reinvest the same in legal securities, unless it has the approval of my wife and daughter then they may invest in other than legal securities without any liability.”

The will also contains the following: “The said Trustees are authorized to invest in other than legal securities with the consent only of the parties in interest.”

A petition filed by the trustee for a declaratory judgment authorizing them to retain, invest, and reinvest in other legal securities avers that in using the term “parties in interest” testator designated…