Duncklee v. Butler

Two questions now of importance for the action of the executor and trustee were not specifically presented or decided in the judgment construing the will, of the deceased. The case is reported in 38 App. Div. 99, and- at the Special Term in 25 Mise. Bep. 680.

The third section of the will is as follows:

“ I give and bequeath to Charles T. Duncklee the sum of twenty-five thousand dollars, but in trust nevertheless, to hold, *59manage and dispose of as follows: He shall keep said sum invested in good, sound, dividend paying securities, and pay over the net income,” etc.

The fourth section is as…