Corporations

Thyrza Benson Fowler, Individually, and R. Stuyvesant Pierrepont and Brooklyn Trust Company, as Substituted Trustees Created under Article 28 of the Last Will and Testament of Mary Benson, Deceased, Appellants, v. Montauk Beach Development Corporation and Others, Defendants; Thomas E. Ringwood, as Permanent Trustee of the Estate of the Defendant, Montauk Beach Development Corporation, Appointed Pursuant to Section 77B of the Federal Bankruptcy Act, Respondent

246 A.D. 724·New York Supreme Court, Appellate Division·1935·NY

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Opinion

Thyrza Benson Fowler, Individually, and R. Stuyvesant Pierrepont and Brooklyn Trust Company, as Substituted Trustees Created under Article 28 of the Last Will and Testament of Mary Benson, Deceased, Appellants, v. Montauk Beach Development Corporation and Others, Defendants; Thomas E. Ringwood, as Permanent Trustee of the Estate of the Defendant, Montauk Beach Development Corporation, Appointed Pursuant to Section 77B of the Federal Bankruptcy Act, Respondent. [MAJORITY] Motion for leave to appeal to the Court of Appeals granted. [See ante, p. 550.] Present — Lazansky, P. J., Young, Hagarty, Davis and Johnston, JJ.