Lancaster daily intelligencer. [volume] (Lancaster, Pa.) 1864-1928, 1883-05-08
A ROMANTlU STORY.
How an Estate Was squandered.

oO" ou E0tAt0 wa S4uAuU0E0us
In the surrogate's court Of New York
Monday, much excitement was created by
the development of a peculiar, interesting
and romantic story. The principal actors
are young men of high social standing and
wealth. The story is as follows In 1869,
VIM. Tilden, relative of Samuel J. TIL
den, died, leaving an estate valued ut
50, 500, 600, He divided it equally between
his four sons-William, Milano, e., Mar
maduke and Beverle B. Tilden.-aged 60
Is. 12 and 9 years. Josiah NJ. Fisk, VIM.
7. Blodgett, David Dows, Charles Tracey
and N. c. Ely were appointed executors.
In 1870 the executors employed an Italian
named Biazzi as tutor and manager for the
boys, and they were sent to Europe. In
Paris they occupied the rooms formerly
occupied by the Prince of Wales and other
n. members Of the royal family Of England;
They then proceeded to Berlin and lived
months about SO, 900. The eldest of the
burg for $40, 600 and with it tho title of
baron. While in his palace he became
very much interested in the wife of the
former owner and very soon was under
complete control of her husband, to whom
he gave power of attorney and permitted
him to purchase all the furniture for his
palace.
In 1872 the executors discovered the
condition of affairs abroad, and by the
payment of very large sums of money the
young man was extricated from his diff
culties. The four then conceived tho idea
of ball in honor of Americans in Ger
many. They hired an immense hall at
great expense, and gave the ball, which
was widely commented on. When they
returned home the executors footed
up their expenses for two years
and four months at $185, 1000. They
were sent to Harvard college, but did
not remain there. William was made an
executor of the estate, and in 1877 part
ner in the business formerly carried on by
his father. This he was compelled to give
up owing to his inability to manage it.
Many accountinqs were had for which
large counsel fees were paid. In 1877
Gustavus G. j. Thebaud was appointed
guardian of Beverle B. Tilden. He re-
ceived 81, $50, and afterward, it is ale ged.
was locked up in Ludlow street Jail for
eleven monts for misappropriating S15, 900
belonging to another estate for which he
was the attorney.
From the accounting now in progress
before referee it appears that the two
eldest sons have been paid $175, 900 more
than their share. 1t is also charged that
a mortgage for 100000 on the Jersey
City property, with the interest, was COL
lected by the executors, and that one of
them deposited the money to his private
The estate is in bad condition
and will yield but 800, 600 to each of the
Youngest sons, The executors are
charged with procuring ratifica
tions of their acts by threats.
Beverle 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
executors should be charged with the
expenditures. The executors
make general denial, and declare that |
they have accounted for every cent they
spent, and that the boys, when they came |
Of age, ratified their acts. The papers were
submitted and decision reserved.