In re the judicial settlement of the account of Keteltas

The Surrogate.

This was an accounting by trustees of a specific trust created by the will of the decedent for the benefit of an insane son. The trustees received from the estate various securities, the face value of which is something over $27,000. About $4,000 in amount of these identical securities are still retained by the trustees, the interest being paid regu*469larlv. The trustees, prior to 1884, invested in certain railroad bonds. Three thousand dollars of these, the Houston, Texas and Central, have defaulted in interest since 1884. The investments in railroad bonds are objected to, and the…