In re the Estate of Hanna

Wingate, S.

As this court has pointed out in two previous memoranda (N. Y. L. J. June 14, 1935, p. 3083, and Sept. 19, *1781935, p. 832), it was the obvious expectation of the testatrix that the Hempstead property, which was the main asset of her estate, should be the source of the moneys to pay the legacies under her will. Apparently realizing that economic conditions were such as to make a prompt disposal impossible, she gave her executors a broad discretion as to the time when liquidation should be effected, and expressly postponed the due dates of the bequests “ until said real property…