Berwick v. Halsey

The Surrogate.—It appears that the executor, soon after receiving letters on the 80th June, 1876, received the principal amount of the assets, amounting to between $4,000 and $5,000, and deposited the same in a bank to the credit of his individual account. This he alleges was done because of the difficulty of making satisfactory investments, and to meet the current demands upon the estate, including the expenses of administration, and that such deposit was advised by his counsel. It also appears that certain claims were presented to the executor, which he rejected, and references were made…