26 N.J. Eq. 43 | New York Court of Chancery | 1875
Ira Ryerson, by the second section of his will, which is -dated January 8th, 1870, gave and bequeathed to his wife, §6000, absolutely. The third section is as follows : “ I also give to my said wife, and direct my executors to pay to her, the sum of §14,000, to be by her used during her natural life, at her pleasure; hereby giving her power to invest and ro-invest the same in her own name, in the same manner I might do if living, and to appoint the same among my .legatees, by will, after her decease, according to her own
The executors would, under the circumstances, be justified in paying her the money without requiring security.