In re the Accounting of Coates

Foley, S.

In this contested accounting proceeding the sole question presented for determination is the construction and effect of the third paragraph of the will of the decedent, which reads as follows: “ I give and devise unto my friend E. Richard Bagarozy all shares of stock standing in my name at the time of my death.” The question presented is what shares of stock left by the decedent passed under the phrase “ standing in my name.”

The will was executed on August 11, 1939. At the time of decedent’s death, on March 7, 1941, he owned two hundred shares of Detroit Compensating Axle Corporation…