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Reports of Cases in the High Court of Chancery of Maryland 1846-1854
Volume 200, Volume 4, Page 465   View pdf image (33K)
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SPENCER VS. SPENCER. 465
being himself the executor, could institute no suit for the re-
covery of the debt. State, use of Stevenson vs. Reigart, 1 Gill, 1.
Besides, by our testamentary system, the interposing the plea
of limitations is referred to the honesty and discretion of the
executor or administrator, and he, and he alone, can make the
objection. Act of 1798, ch. 101, sub eh. 9, sec. 9.
But with regard to the right of these complainants to file
this plea for the protection of their interest, whatever it may
be, in the real estate of William Spencer, more doubt may be
entertained.
It seems to be settled that a trust in a will to pay debts upon
which the statute of limitations has closed at the time of the
death of the testator, will not revive them. This is the con-
clusion to which Chancellor Kent came after an examination of
all the cases, and I am aware of no decision in this state or
elsewhere to the contrary since. Roosevelt vs. Mark, 6 Johns.
Ch. Rep., 266, 293. The opinion of the Chancellor is in ac-
cordance with the decision in Burke vs. Jones, 2 Ves. & Bea.,
275, which he considered as announcing and establishing the
true and reasonable doctrine upon the subject.
It might, perhaps, be questioned whether the statute of limi-
tations had actually taken effect upon this claim at the death of
William Spencer. The contract upon which it is founded does
not very clearly specify when the money for the land sold by
Isaac to William Spencer was to be paid. The agreement pro-
vides that Peacock's bond for $2000, and other bonds payable
in 1, 2, 3, 4 and 5 years, shall be taken by the vendor
in satisfaction of the purchase money, but there is no engage-
ment on the part of the vendee to pay at a specified period,
nor does it clearly appear at what time an action could have
been instituted by Isaac Spencer upon this contract, and until
then, of course, limitations did not begin to run. It is possible
that no suit could have been brought against William Spencer
upon this contract, until proceedings had been exhausted upon
the bonds of Peacock and others.
The defendants, however, insist, that conceding that the
statute of limitations had taken effect upon this claim before
VOL. IV—39

 
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Reports of Cases in the High Court of Chancery of Maryland 1846-1854
Volume 200, Volume 4, Page 465   View pdf image (33K)
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