In re the Accounting of Brown

Collins, S.

The petitioners in this proceeding for the settlement of the accounts of the trustees ask a construction of the will respecting investment powers of the trustees and instructions as to their right to abandon possible interests in certain royalties. Other issues are raised by objections of the special guardian of infant contingent remaindermen.(1) The twentieth paragraph of the will authorizes the trustees to retain any property, investments or securities turned over to them by the executor, or in their discretion to change any investments and to invest or reinvest the trust funds “…