In re the Estate of Baruch

Wingate, S.

Bernhard Baruch died in 1910, leaving a sizeable estate which was preponderantly erected into a trust for the benefit of his widow, with remainders to his nine children. The widow died in 1920, but instead of making distribution, the fiduciaries continued in control of the property.

After numerous ineffective efforts to secure an adjustment through negotiation, a proceeding for a compulsory judicial settlement was instituted by one of the remaindermen in 1935. Shortly thereafter, the petitioner died and the proceeding remained dormant until the latter part of 1937, when it was…