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Reports of Cases in the High Court of Chancery of Maryland 1846-1854
Volume 200, Volume 4, Page 549   View pdf image (33K)
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MADDOX VS. DENT. 549
taken that for granted. The petitioners pray that the trustee
may bring in the purchase money. The court passes an order
that first the trustee and then the executor shall bring in the
purchase money, or show cause to the contrary, and the execu-
tor in answer contends, not that the money was never received,
but that the trustee had paid it away to the creditors, and that
is the whole ground of defence as to the trustee. Testimony
has been taken to sustain it, and in truth, the trustee must after
this lapse of time not only be presumed to have received it, but
is responsible for it, whether he has received it or not. The
purchaser's bond and his own have long been subject to the
plea of limitations, and he has neither brought the purchaser's
bond into court nor communicated to the court any difficulty in
the recovery of the amount. 1 Bland, 410. It is also too late
now, at the hearing of the cause, to make such an objection.
There is neither allegation nor proof that the executor ever re-
ceived any part of the purchase money from the purchaser, or
holds it as a distinct fund in his testator's estate, and as the claim
of the petitioners could only be a lien upon such a fund, they
can only, therefore, come in among the general creditors of
James Brawner's personal estate, of which an account will be
ordered.
The next question is, whether the purchase money of James
Brawner's land, the sale of which was ratified by the Orphans
Court, is to come in as a part of the personal estate. It seems
to me, however, hardly to be a question. The will of James
Brawner gives to his executor the power to sell and dispose of,
and invest, and reinvest, any, and all parts of his estate, real,
personal and mixed, in such way and manner as he may deem
for the benefit of his estate and the interest of his said wife,
sons and grandsons, and all others who may become interested
in his estate. It is superfluous to ask whether his creditors are
not so interested.
The executor has sold the land in question, and the sale has
been reported to, and ratified by the Orphans Court, under the
act of 1831, ch. 315, sec. 10, and by the same section, he is
bound to account therefor to the Orphans Court, in the same

 
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Reports of Cases in the High Court of Chancery of Maryland 1846-1854
Volume 200, Volume 4, Page 549   View pdf image (33K)
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