In re the Accounting of United States Trust Co.

This is a proceeding brought under article 79 of the Civil Practice Act by United States Trust Com*675pany of New York as trustee under a trust indenture dated July 22, 1935, made by Minnie E. Nicol, for the settlement of its account for the period from the inception of the trust through December 4,1961, for construction of the provisions of the trust indenture and adjudication as to distribution of income and principal and for other relief.

The basic question presented for determination by the court is whether the term ‘£ issue ’ ’ as used in article First, subparagraph 2 of the Minnie E. Nicol…