Schlanger v. Simon

STOCKARD, Commissioner.

Plaintiff has appealed from a (judgment for defendants in her action for an accounting wherein she claims that the trustees, of a trust, of which shé is one of the -beneficiaries, wrongfully disbursed' $37,038.35 of the principal of the trust-and wrongfully deprived her of $4,356.38 income therefrom.

Israel M. Simon died testate'on .September 3, 1935. By the fifth clause of His will he created a trust consisting of "one-half of all the rest, residue and remainder of my estate” and named two of.his sons, Fred and John, as trustees thereof. Two-thirds of the income…