The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-05-08
A QUEER STORY.
Bought Barony and Palace and squau-
dered Fortune.


New YORK. May I'm the Surrogates
Court to-day much excitement was created
by the development of peculiarly interest
ing aud romantic story. The principal &C
tors are young men of high social standing
and wealth. The story is as follows: In
1859 William Tilden, relative of Samuel J.
Tilden, died, leaving an estate valued at
S2,5O0,0OO. He distributed it equally among
Jour sons-Wllliam, INLAND c., Marmaduke
and Beverle B. Tilden, aged twenty, fifteen,
twelve and nine years. Josiah NJ.
Fiske, William 7. Blodgett David Bows,
Charles Tracy and one Ely were appointed
executors. In 1870 the executors employed
an Italian named Biaggi as tutor and man
ager for the boys, and they were sent to
Europe. In Paris they occupied the rooms
formerly occupied by the Prince of Wales
and other members of the royal family of
England. They then proceeded to Berlin and
lived in sumptuous style, expanding in six
teen months about $4,000 The eldest of
the four, William, purchased palace in
Coburg. for $4,000, and with it the
title of baron. While in his palace,
Ac tGNdnlG very uluCn lHtSTeSLeu III Tile Wll0
of the former owner, and very soon was I'M
der the complete control OF her husband, to
whom he gave power of attorney and per-
mitted him to purchase all the furniture for
his palace.
In 1872, the executors discovered the con-
dition of affairs abroad, and by the payment
OF very large sums of money theyoung man
was extricated from his difficulties. The
four then conceived the idea of a ball in
honor of the Americans in Germany, and
they hired an immense hall at great expense,
and gave a ball which was widely commented
on. When they returned home the execu-
tors footed up their expenses for two years
and four months as $185, 900. They were
| sent to Harvard College, but did not remain
there. William was made executor of the
estate, and in 1877 was partner in the BUSH
ness formerly carried on by his father. This
he was compelled to give up, owing to his
! inability to manage it. Many accountings
were had, for which large counsel fees were
paid. In 1877 Gustavas G. f. Thebaud was
appointed guardian for Beverle B. Tilden.
He received $3.50, and afterwards it
is alleged was locked up in Lud-
lowstreet Jail for eleven months for mis-
appropriating 900 belonging to another
estate for which he was attorney. From the
| accounting now in progress before a referee
it appears that the two eldest sons have been
paid $4,000 more than their share. 1t is
| also charged that mortgage for $3.50, 900 on
Jersey City property, with interest, was col
lected by the executors, and that one of
them deposited the money to his private ac-
count. The estate is in bad condition, and
will now yield but 100000 to each of the
| youngest sons.
The executors are charged with pro-
curing the ratification of their accounts by
threats. Beberle B. Tilden now seeks to have
the various accountings opened on the
ground that the expenditures were foolish
and rash, unnecessary, and contrary to his
fathers will. He also claims that the execu-
tors should be charged with the unnecessary
expenditures. The executors make general
denial, and declare they have accounted for
every cent they spent, and that the boys
when they came OF age, ratified the acts.