In re the Estate of Frothingham

Wingate, S.

The sole question raised i tims accounting concerns that perenially perplexing problem of thfe proportion of stock dividends properly payable to a life tenant and the amount thereof which should be allocated to the corpus of the trust and thus pass to the remainder interests.

The legal principles involved in such questions are few and easily understood, the sole difficulty being in their concrete application.

Unquestionably the two leading cases on the subject are Matter of Osborne (209 N. Y. 450) and Bourne v. Bourne (240 id. 172).

The latter decision contains several paragraphs, the…