The sun. [volume] (New York [N.Y.]) 1833-1916, 1893-09-02

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AuaemensNns been signed By Jul r -
Brunt Oh the sppreme Court settling IT, .seal
dispute between Mrs. Paran Stevens and the
estate OF Arthur Leary. The actlon was
brought by Anna Leary. executrix OF her
brother Arthur. against Mrs. Stevens and
James NJ. Rankin. Mrs. stevcns's socretary
and representative. for q scttlement NJ tba
accounts OF Arthur Leary. who had beeu agent
md manager for Mrs. Stevens in resnect TO
her estate ever since the death OF poran
Stevens, more than twenty years ago When
Arthur Leary died he had property an 1 securi-
ties belonging to Mrs Stevens OF tho value OF
over a million dollars. Some OF these SECURE
ties wore in a safe deposit box In the National
Park Bank. Mrs. stevens made claim to the
securities, and Mics Leary SURRENDERED securi,
tioe OF the value OF S4lLOOu.o anu deeds OF real
estate OF the value of S4OO.uW.
Some OF tho securities were held as collat-
funds of Mrs stevens. and as such were
returnablc to their owners upon payment Of
the opnS Mr. Learys estate ,t tssreit9 TO- be-
stevens. Among these securities were some
held as guarantee against an undertaE5ng OK
cure the payment Of n judgment for SS3,3ll
against Mrs. stevens and others in an action
Richardson., executors OF tho will Of Paran
Stevens. Miss Learv askci for tho return OF
ianHin. claimed ownership as to some Of the
securities under MI assignment from Mrs.
stevens. and the purpose OF the suit was 70
have the ownership determined.
Mrs. Stevens, in her answer to the complaint
set up that she had not been able to get any
accurate statement OF the condition OF the ac-
counts between herself and Mr.. Lenry. She
declared that the securities had been rur-
chased by Mr.. Leary for her out Of her money.
and that the refusal TO dcliver them to her was
solely because she refused to give an uncon-
ditonal release Of all claims to Niles
Leary. She refused this because she was not
satisfied that the accounts were correct.
Mrs, Stevens further declared In her answer
that Mr.. leary had personally used funds In
his hands and securities aud specialized with
the same for his personal use and gain and
had not credited her with the profits. and at the
time ot his death had misappropriated sums
exceeding sos. 900. During the years he acted
ms her agent. she says he handled over five
million dollars of her money. which, as his
books showed. he invested in his own name
and realzed profits which he never accounted
for. Mrs Stevens also asserted that the
estate OF Arthur leary was insovent. as was
also Mss lenry and that the action had been
broug hit in bad faith.
Subsequent to the bringing OF the action the
lawyers got together and an accounting was
prepared which seems to he satisfactory to all
parties, and upon the consent OF tho attorneys
the Judgment was entered yesterday. which
shows that Rankin Is entitled to certa n OF the
stocks. bonds. and securities. and that they
should be delivered to him. Certain Of
the securities are to he held until all liabil-
ity of the estate OF Arthur cary a. surety
upon an undertaking for the payment OF
rent of the premises | East Fifty-Seventh
street, Mrs. Stevens's present city residence.
shall DO fully discharged and released.