In re the Estate of Cooke

Slater, S.

This accounting proceeding shows that the decedent was indebted in large amounts to many persons and institutions. It further appears from the account of proceedings that the decedent had received from Walter P. Chrysler certain securities which he used as collateral to bolster up his personal obligations. Since decedent’s death certain of his pledgees have sold his own and the stock of other persons hypothecated by him to pay his indebtedness. However, some securities remain in their hands to be turned over to the owners of such. The Chemical Bank and Trust Company, a creditor,…