Igoe v. Darby

The executor of the will of Emily L. Daley brings this petition for instructions as to the distribution of 228 shares of common stock of American Telephone and Telegraph Company, hereinafter called American.

The evidence is reported and the judge made a report of the material facts. The facts are these: The testatrix executed her will on April 10, 1958. At that time she owned seventy-six shares of common stock of American with a par value of $100 per share. These shares were acquired in lots of varying amounts over a period of thirty years. In the spring of 1959, American split its common…