In Re the Estate of Koss

The opinion of the court was delivered by

Bodine, J.

This is an appeal from Vice-Ordinary Berry, whose opinion is reported in 105 N. J. Eq. 29. He found that the designation of a beneficiary, in the event of the death of a person participating in the stock purchase plan provided for the employes of the Standard Oil Company of New York, was a testamentary disposition.

The form of designation is as follows: “To the Standard Oil Company of New York, the trustee under the stock purchase plan for employes of said company: In the event of my death while a participant in the stock purchase plan for…