In Re Geagen

This is an appeal from a decree of the Bergen County Orphans Court sustaining objections to an accounting filed by appellant as administrator cum testamento annexo, holding him liable to the estate for depletion thereof, and referring the matter to a master to determine the amount of the depletion. There was insufficient personal property in the estate to pay the debts. The only substantial asset of decedent was a piece of real estate, which was subject to a mortgage of $500. Appellant, as administrator, arranged for an assignment of the mortgage to a friend, who brought a foreclosure suit.…