In re the Estate of Lagemann

Delehanty, S.

By decree dated November 3, 1934, the account of the executors was settled. It confirmed the delivery by the .executors to the trustees of 7,631 shares of the capital stock of a family holding corporation in which were interested the deceased, his daughter, his two sons and his four grandchildren. These shares owned by the deceased were all held and managed by his trustees until December 28, 1936, when a part of them was liquidated in the manner hereinafter stated. Thereafter the trustees held and still bold 6,662 shares of the corporation. The first account of the trustees was…