In re the Final Judicial Settlement of the Account of Niles

—Chauncey S. Stephens died in Brooklyn in June, 1873, and as he left no will letters of administration were granted by the surrogate of Kings county to Elizabeth S. Miller and Nathaniel Niles. The deceased left a widow and an only child, Mrs. Miller, and about $75,000 of personal estate. The appellant, Niles, was a lawyer and managed the estate entirely by the assent of Mrs. Miller. The investments made by Mr. Niles do not meet the requirements of the law which governs trustees. He loaned money in New Jersey on unimproved land, and, also, in the state of New York. He loaned money on second…