Definition of Accumulations

When an executor or other trustee masses the rents, dividends, and other income which he recoives, treats it as a capital, invests it, makes a new capital of the income derived therefrom, invests that, and so on, he is said to accumulate the fund, and the capital and accrued income thus procured constitute accumulations. Hussey v. Sargent, 110 Ky. 53, 75 S. W. 211; In re Rogers' Estate, 179 Pa. 609, 36 Atl. 340; Thorn v. De Breteuil, 86 App. Div. 405, 83 N. Y. Supp. 849.