In re the Estate of Pearson

S. Samuel Di Falco, S.

The litigated issue in this proceeding is the allocation of certain stock distributions between the income beneficiary and the principal interests of the trust here being accounted for. The investments through which the distributions were derived were made in 1955 in shares of General Motors Corporation, Standard Oil Company of New Jersey, and Socony Mobil Oil Company. In November, 1956 the trustee held 75 shares of General Motors Corporation and *258received an additional 150 shares. In March, 1956 the trustee held 50 shares of Standard Oil Company of New Jersey and…