{"newspaper_name": "The New York herald.", "edition": "01", "page": "pNone", "byline": ""}
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IMPORTANT DECISIoN-In the case ot AcSerman
vs. Ernott and Schryver, Vice Chancellor Parke~
has decided that trustee who invests the
funds in bank stock will be liable for any deprecs
tion value for loss sustained upon it, although
the investment made in good iaththat such invest
men UNAUTHORIZED and that executor trustee
only be protected against risk by investing such funds
Court We believe that this Ia the st time ths point has
been decided in the courts Of this State Argus
Mare