Borden Trust

Opinion by

Mr. Justice Patterson,

The Real Estate Trust Company of Philadelphia, trustee, under an inter vivos trust created by Edward P. Borden, now deceased, appeals from the decree of the court below sustaining exceptions to its second account and directing a surcharge for the reason that said Trust Company having held settlor’s $30,000 demand obliga tion at 5 per cent interest secured by collateral of $63, • 000, not only negligently surrendered' the obligation and released the collateral for. $40,000 cash, but also failed to present a claim at the audit of settlor’s estate, which was in…