Rensselaer Union, Volume 1, Number 51, Rensselaer, Jasper County, 16 September 1869 — A Lire Man’s Estate Administered Upon. [ARTICLE]

A Lire Man’s Estate Administered Upon.

One of the New York papers gives the following account of an administration upon a man’s estate before his decease: Twenty years ago a man living in this city made a deposit of money irt a savings bank here. He then went away. For fifteen years he was not heard from. About five years ago another man applied to the surrogate for letters of administration upon . the estate of the man who had depostted the money in the bank. He represented that the depositor was dead, and lie was appointed administrator upon the depositor's estate. He then went to the bank and demanded tho money. Although ho did not present the bank book which is furnished to depositors, the officers were satisfied that all was right, and paid over the money to him. The absent depositor recently returned to New York. He went to the bank, showed his bank book to tho officers, and asked for his money. The compound interest had made the amount about twenty-six hundred dollars. The officers recognized the man as the one who had placed the money in their keeping, and admitted the authenticity of his bank-book, and that, if jt had not been soy the administration on his property, he would be entitled to his money. They informed him that they paid it to his administrator, and referred him to that person, whose name he had never before even heard, for the missing sum. The teller wrote upon tain bankbook, “Wo rotor you to your own administrator.” The depositor has thus far been unable to find the man who took his money. It is understood that ho has commenced proceedings against the bank. The caac will raise some novel and very interesting questions of law. It would seem that there is little difficulty in New York in taking out letters of administration upon the estates of living persons, judging from the facts of this ease.