Guaranty Trust Co. v. Leach

This is an action brought by the Guaranty Trust Company of New York, as trustee of a trust created under the will of Elizabeth Winship Bates, deceased, who died a resident of Georgia, wherein her will was executed and probated. The complaint demands judgment judicially settling the account of the trustee and construing the will as to the validity and effect of the directions therein contained for the accumulation and capitalization of income and as to the investment powers of the trustee.

The account comprises the acts and proceedings of the trustee with respect to the personal property under…