In Re Ward

The Essex county orphans court overruled exceptions to the first intermediate account of the United States Trust Company as trustee under the will of Frederick T. Ward, deceased, and approved the account. Exceptants appeal.

By the fourth item of the will is given to the executors "the sum of $60,000" in trust for testator's nephew, Frederick L. Ward, and the latter's wife for life, remainder to their children. The fifth item bequeaths to the executors "the sum of $12,000 in trust to invest, collect the income" for the benefit of Lotten Anderson for life. The executors named were the wife of…