In re the Estate of Stern

Otto 0. Jaeger, S.

The court is requested to construe the decedent’s will to determine the investment powers of the trustee.

In paragraph “ tenth ” of the will the testator provided:

tenth:

Without limitation of the powers conferred upon them, or either of them, by statute or general rules of law, my Executors and Trustees are specifically authorized and empowered:(1) To retain any property held by me 'at the time of my death until such time as they or either of them may deem advisable in their absolute discretion, but my Executors and my Trustees, in investing the cash proceeds of the sale of…