Baldwin v. Baldwin

Upon the facts presented in a special case stated under section 222 of article 16 of the Code, it is to be determined how a certain stock dividend declared by the Hanover National Bank of New York is applicable as between the corpus and income of a trust receiving the dividend on account of its holdings of originally issued stock of the bank,.in which a portion of the trust funds have been invested. The trust was created by the will of Frank G. Baldwin, who died on May 10th, 1905. It was provided by the will that the income from the trust estate should be paid to the testator’s widow during…