Matter of Reed

The Censor Committee of this Court reported the respondent, Paul R. Reed, a member of the Delaware Bar, for disciplinary action upon the basis of its following findings of fact and conclusions of law:

I

“1. On or about February 25, 1975, the Respondent received funds from or on behalf of his client, Robert J. Reed, the Administrator of the Estate of Susie Reed, in the sum of Three Thousand Two Hundred Ninety-Four Dollars and Fourteen Cents ($3,294.14) consisting of the proceeds of a real estate settlement of properties belonging to the said Estate. The funds were deposited in an escrow or trust…