Silsby v. Young, 7 U.S. 249
7 U.S. 249
3 Cranch 259
2 L.Ed. 429
SARAH AND ABIGAIL SILSBY,
February Term, 1806
THIS was a writ of error to the circuit court of the United States for the district of Georgia, to reverse the decree of that court, which dismissed the bill of the complainants, Sarah and Abigail Silsby.
Daniel Silsby, the brother of the complainants, and uncle of the defendant, Enoch Silsby, being seised and possessed of real and personal estate in England and in the state of Georgia, by his will, made in England, on the 11th of January, 1791, devised all his estate to his executor W. Gouthit, of London, in trust to turn the same into money, or securities for money, and after payment of his debts, to place out the surplus upon any public or private securities upon interest, or to invest it in the public funds.
He then bequeaths to his nephew, Enoch Silsby, 1,500l. sterling, to be paid to him at 21 years of age 'subject to the provisoes hereinafter mentioned,' and directed the interest to be paid to his guardian during his minority, to be applied to his maintenance and education.
He then directs his trustee to set apart 1,000l. sterling, and pay the interest thereof to his sister Sarah, during her life, for her sole and separate use and disposal, and in case of her death without issue, the principal was to be paid over to Enoch. A similar provision was made for his sister Abigail, the other complainant. And after bequeathing several other pecuniary legacies, he uses the following words: 'Provided always, and I do hereby expressly declare it to be my will and meaning, that in case the personal estate, and the produce arising from the real estate which I shall die seised and possessed of, shall not be sufficient to answer the said annuities and legacies herein before by me bequeathed, then, and in such case, I direct that the said annuities and legacies so by me given and bequeathed, shall not abate in proportion; but that the whole of such deficiency (if any there shall be) shall be deducted out of the said sum of one thousand five hundred pounds herein before by me bequeathed to my said nephew, Enoch Silsby.—And in case the personal estate, and the produce arising from the sale of the real estate, which I shall die seised and possessed of, shall be more than sufficient to answer and satisfy the several annuities or legacies herein before by me bequeathed, then, and in such case, I give and bequeath the surplus and residue which shall so exceed the purposes of this my will unto my nephew, Enoch Silsby, subject to such conditions as are herein before in this my will mentioned, and contained, touching and concerning the said sum of one thousand five hundred pounds sterling, so by me bequeathed as is herein before particularly mentioned.'The testator died at Ostend on his way to the United States, in February, 1791, leaving real and personal estate more than sufficient to pay all the debts and legacies, and which came to the hands of Gouthit, the executor, who paid all the debts and all the legacies, excepting those bequeathed to the complainants, and to the defendant, Enoch Silsby, and another legacy of 500l. to Daniel Silsby Curtain; but upon these he regularly paid the interest until the year 1796, when he became bankrupt.
The testator in his will mentions that he has in the hands of Harrison, Ansty and Co. of London, 5,000l. sterling, for which they allow him an interest of 5 per cent per annum.
Gouthit, in his letter to the complainants of Sept. 7, 1791, says, 'I have an excellent offer—a mortgage for 2,000l. which, if you think well, I will take it: for if I should at any time see well to place it any where else, by giving six months notice it would be paid. It is on an estate in Manchester, one of the greatest trading towns in this kingdom, and I can make you 5 per cent sterling on it, which will, you know, be 50l. a year for each of you, and you may have it paid as you please, but every six months I think would be best. The gentleman I mean to lend the money to is an old acquaintance of your brother's, and the estate is worth 5,000l. He does but want 2,000l. so you know nothing can be safer on earth, and I will have the deed so recited as to set forth the money is for your use, &c. This, I doubt not, but will meet your approbation. I have taken no money out of Harrison's hands, nor even interest, as I have no doubts of its safety, and the interest is going on.'
In answer to which the complainants write him on the 1st of Feb. 1792, 'Yours of September the 7th, you mention an old friend of our dear brother's wanting to hire the 2,000l. on mortgage. We would willingly oblige him, but cannot. We choose to let it remain just as our brother left it, and shall draw on you every six months for our interest.'Gouthit, before his bankruptcy, drew all the money out of the hands of Harrison, Ansty and Co. who were, and always have been, solvent, and in good credit. He never placed out in any specific funds, the 2,000l. from which the complainants' annuities were to arise.
On the 20th December, 1791, Gouthit sent a power of attorney to the defendant, Thomas Young, of Savannah, in Georgia, to collect the effects of the testator in that state, under which power Young obtained letters of administration with the will annexed, and took into his possession all the property there, some part of which he paid over to Gouthit. He also, in the year 1800, paid the legacy due to Daniel Silsby Curtain, and part of the 1,500l. legacy to Enoch Silsby. Considerable debts due to the estate are still outstanding in Georgia.
At the time of Gouthit's bankruptcy he was indebted to the estate of his testator in the sum of 5,380l. 12s. 2d. sterling, but the commissioners refused to admit him as executor of the testator to prove the same as a creditor of his own estate, whereupon the legatees, who had not been paid, petitioned the Lord Chancellor of England, that Gouthit might be so admitted to prove the debt for their benefits, which his Lordship decreed accordingly; and a dividend of 403l. 10s. 10d. sterling was received by the accountant-general of the court of chancery, but no part of that sum has been received by the complainants.
Enoch Silsby filed a bill in equity in the circuit court of the United States, for the district of Georgia, against Young, to compel him to account, and pay over to him, as residuary legatee, all the estate remaining in the hands of Young.
The complainants, Sarah and Abigail, filed the present bill in equity in the same court against both Thomas Young and Enoch Silsby, praying that Enoch's legacy of 1,500l. may abate in favour of their legacies, and that they may charge the residue of the estate for the balance, and have their 2,000l. placed out on good security according to the will, and that they may be paid the arrearages of their annuities out of the 1,500l. legacy, and out of the residue of the estate which came to the hands of Young.
The judge below (Judge Stephens) dismissed the present bill, and decreed, that Young should account to Enoch Silsby, upon the other bill in which Enoch Silsby was complainant, and Thomas Young defendant.
Morsell, for plaintiffs in error.
1st. If the plaintiffs have not discharged the general funds, they are entitled to the relief they pray for.
2d. They have not discharged those funds, nor relinquished their claim upon the whole estate of the testator.
It is true, that if one legatee, by diligence, has got his legacy, he shall not be obliged to refund, in case of a subsequent waste of effects by the executor; but that is only where all the legacies are payable at one time, and the legatees are in a capacity to compel the payment of their legacies.
In the present case, the principal of the legacies to the complainants, was not to be paid to them. The testator had directed his executor to set apart 2,000l. sterling, and to pay the interest only, to the complainants during their lives. It was, therefore, a bequest of an annuity merely. There was nothing for the complainants to do. They had no right to designate the funds, which should be set apart by the executor, in whom alone was vested the right and the power to make the appropriation. By the words of the will, if the estate should not be sufficient to pay all the legacies, yet the complainants were not to suffer. But the defendant, Young, having paid some of the legacies in full, has thereby admitted assets for all. The complainants having regularly received their annuities to the year 1796, when Gouthit, the executor, became bankrupt, had no right to complain, and had no reason to press for a specific appropriation of the money, from which their annuities were to be paid. They knew that the whole estate stood chargeable to them until their 2,000l. were set apart, according to the directions of the will. The residuary legatee cannot avail himself of a breach of trust by the executor, to the injury of the complainants, who claim under the same trust. The executor was not bound by the will to give any security, nor could the complainants call upon him therefor.
The time at which the estate should be insufficient to pay all the legacies, so as to enable the complainants to call upon the residuary legatee, is not designated by the will in express terms; but it is clear, that the time of the death of the testator, was not the time he contemplated; because, after directing his executor to sell his real estate, he says, 'in case the personal estate, and the produce arising from the real estate, which I shall die seised and possessed of, shall not be sufficient,' &c. thereby contemplating a period after his death, and sufficiently distant to enable his executor to sell the real estate. The words of the will are 'sufficient to answer the said annuities.' How long? The answer is obvious; as long as the annuities are to be paid, which was during the lives of the complainants. The residuary legatee was, therefore, to answer for the insufficiency, if it happened at any time during their lives.
The case of Marsh v. Evans, 1 P. Will. 668, is very similar to the present. The testator gave to each of his two sons, and to his daughter, 2,000l. a piece, 'with a proviso, that if his assets shall fall short for the payment of these legacies, still the daughter shall be paid her full legacy, and that the abatement shall be borne proportionably out of the sons' legacies only.' 'The testator left sufficient to pay all the legacies, but the executrix wasted the assets, and by that means only, a deficiency happened.'
The master of the rolls decreed, that the daughter should abate equally with the sons. But the Lord Chancellor reversed the decree, and directed, that the daughter should have her full legacy, and that the abatement should be out of those of the sons only.
It is unimportant to the complainants by what means the assets became insufficient, inasmuch as the testator intended to secure their annunities at all events. It was the testator, and not the complainants, who trusted the executor.
The legacy of 1,500l. to Enoch is (as far as the complainants are concerned) to be considered as a residuary legacy; because, by the express words of the will, it is placed upon the same ground; and nothing can be taken by the residuary legatee, until all the debts and particular legacies are paid. 2 Ld. Raym. 1320. Spendlove v. Aldrich.
The case of Orr v. Kaines, 2 Vez. 193, shows, that it is an established rule, that if an executor pays one legatee in full, he thereby admits assets to pay all the others.
2d. The complainants have not, by any act, waived their right to come upon the whole estate, nor forfeited that right by any laches.
The letter of February, 1792, is a mere refusal to sanction any thing not required or directed by the will. The complainants say, that they choose to let it (i. e. the 2,000l. provided by their testator as a fund for the payment of their annuities) remain just as the testator left it. It is not even a hint that they meant to rely on the money in the hands of Harrison, Ansty & Co. and if it was, yet they had no power to prevent the executor from drawing those funds out of the hands of that house; nor did it have that effect, for Gouthit did actually withdraw them, and apply them to other purposes.
The complainants were not bound to call upon the executor to designate the funds set apart for the payment of their annuities; and as long as they were regularly paid, they had no cause to suspect the solvency and the honesty of Gouthit, on whom their testator had chosen to bestow his confidence. They cannot, therefore, be charged with laches.
Harper, for the defendant, Enoch Silsby, contended,
1st. That as the estate was sufficient at the time of by the default of the insufficient, long afterwards, by the dafault of the executor, the contingency has not happened upon which the will renders Enoch Silsby's legacy of 1,500l. liable solely to abatement; and that he is, therefore, entitled to receive the whole; or, at most, is liable only to an abatement, pro rata, with the other legatees.
2d. That the complainants, by their acts, made their election to depend on the estate in England, and on the security of Gouthit, and, therefore, cannot resort to the residue in this country.
3d. That if their acts do not amount to such an election as will preclude them from resorting to the residue, yet their laches, in omitting to take steps for compelling the executor to place out their legacies on public or private securities, according to the will, ought to have that effect.
The complainants were of full age at the time of making the will. The defendant, Enoch Silsby, was an infant for a long time after the testator's death. There is a limitation over to Enoch of the principal sum of the complainant's legacies. By their conduct he has lost the reversion of the 2,000l. and of 1,200l. the surplus. It is not just that the loss should fall upon him who was then an infant. The claim of the complainants would sweep every thing from Enoch, who was the peculiar object of the testator's bounty. The defendant, Young, must take the consequences of his own act, if he has paid any of the legatees in full. He is solvent, and having, by his act, admitted assets, the complainants cannot resort to the residuary legatee.
But the testator died possessed of estate enough to pay all the debts and legacies; and, therefore, Enoch's legacy of 1,500l. by the terms of the will, is not bound to abate.
If the testator meant to give the complainants their legacies at all events, he would have said so. He knew that he had enough to pay all at the time of making his will, but accidents might happen before his death, and it was to guard against those only, that he provided for the case of insufficiency.
There is a great difference between this case and that of Marsh v. Evans, cited from 1 P. Will. 668. In that case the proviso was, that 'if his assets should fall short.' The word assets is technical, and refers to the estate after his death. The legacies were not payable until his children should be of full age, and the whole expression evidently alludes to a state of things which might happen, at any time between his death and the time when the legacies would become payable.
But in the present case, the testator meant to refer to the time of his death; if there should then be an insufficiency to pay all, Enoch's 1,500l. should abate, but not otherwise.
The anonymous case in 1 P. Will. 495, establishes the rule, that if one legatee, by diligence, obtains his legacy, and the executor having had sufficient assets, wastes them, and occasions a deficiency, the legatee shall not be obliged to refund.
In the case of Walcot v. Hall, 23d February, 1788, 3d vol. of Supplement to Viner, p. 432, the distinction is taken between a deficiency at the time of the death, and that which arises afterwards.
The case of Orr v. Kaines, 2 Vez. 194, shows, that where there was an original sufficiency of assets, and the executor remains solvent, the legatees shall not refund.
As Young is solvent, the complainants cannot oblige the other legatees to refund, unless there was an original deficiency of assets.
2d. As to the acts of the complainants.
Their letter to Gouthit prevented the 2,000l. from being put out on security. It is, therefore, the same thing, in effect, as if the executor had, at their request, put it out on a security which had failed.
But they have actually made choice of the security. They knew the money was in the hands of Harrison, Ansty & Co. and in their letter they say, 'we choose to let it remain just as our brother left it;' that is, in the hands of Harrison, Ansty & Co. After having done that, Gouthit remained their agent for the purpose of drawing and remitting the interest. They were the only legatees who were of age, and capable of assenting to such a disposition of their legacies. The other legatees were infants. If the complainants had directed the 2,000l. to remain in the hands of the executor, and he had failed, they must have sustained the loss. By refusing his offer to place it out on mortgage, they have, in effect, assented to his retaining it, and he having failed, they must submit to the consequence. If they had assented to his offer, the money would have been safe, and the defendant, Enoch, would not have lost his chance of the reversion. If the executor himself had placed it out on security, and set it apart, according to the directions of the will, and it had been lost, they could never have called upon the residuary legatee.
3d. But the complainants have been guilty of laches, in not compelling the executor to place out the money on security. They had early notice of the will, and took no measures to have their legacies secured, until the failure of Gouthit, which was six years after the testator's death. By this neglect, Enoch has lost his reversion. He was a minor, and, therefore, no laches can be imputed to him.
P. B. Key, for the defendants.
1st. As to Young.
He considers himself as a stake-holder only. If the complainants are entitled to be first paid, he holds for them; if not, then he holds for the defendant, Enoch.
If there is an original deficiency of assets, and one legatee receives the whole of his legacy, the others may compel him to refund, and the executor will not be obliged to pay the other legatees in full. So, if an executor pay one in full, by mistake, it shall not preclude him from alleging a defect of assets.
There is no case in which an executor has been thus precluded, by a payment in full, to one of the legatees. The case from 2d Vez. 194, was where the executor had not only paid one in full, but had neglected to make an inventory.
2d. As to the defendant, Enoch Silsby.
The general principle is admitted, that specific pecuniary legatees are to be first paid; and that, if there is not sufficient to pay the whole, they must abate in proportion.
This will appears to have been drawn by able counsel. If the testator meant that the particular legacies should have been paid out of the whole estate, he would have said so; but he has directed a particular fund to be set apart, out of which the annuities of the complainants were to be paid. If this fund had been set apart, as directed by the will, the defendant, Enoch, would have been entitled to the residue, and exonerated from all liability to refund. The complainants were the only legatees of competent age to compel the executor thus to set apart the fund; or, at least, they were the only legatees to whom laches can be imputed. They not only neglected to do this, but, by their letter, prevented the executor from doing it.
The residuum was to abate upon the same contingency only, upon which the legacy of 1,500l. was to abate; and that contingency never happened. 'The personal estate, and the produce arising from the real estate, of which the testator died seised and possessed,' was 'sufficient to answer all the debts, annuities, and legacies.'
If the time of the testator's death was not the time when the sufficiency of the estate was to be ascertained, yet, if at any time afterwards, the personal estate and the produce of the real estate, which came to the hands of the executor, was sufficient, the right of the complainants to come upon Enoch's legacy of 1,500l. and upon the residuum, ceased. It was then incumbent upon the complainants to look to their own legacies, and get them properly secured; if they did not, they gave personal credit to the executor, and if he wasted the estate and became insolvent, they must suffer the loss. They had a right to require security in chancery. It is a part of the regular chancery jurisdiction to compel such security, and no suggestion of a devastavit was necessary. The funds in England were more than sufficient to pay all the debts and legacies. It was not necessary to wait for the settlement of the estate in Georgia. Young, the administrator in Georgia, never had a sufficiency of assets; and, therefore, his payment of one legacy in full, if that is the fact, cannot bind him to pay all the rest.
Martin, in reply. The question is, whether, if upon an account against the defendants, any funds shall be found in their hands, we are entitled to recover.
They contend, that we are not entitled to an account.
The will speaks of the produce of the estate, and not of the estate itself; contemplating the intermediate acts of the executor; looking forward to subsequent events, and negativing the idea, that the testator was contemplating only the situation of his estate at the time of his death. He directs all his estate to be turned into cash, and his debts to be collected, and the whole vested in funds.
The principle of abatement was not to take place until the legacies were to be paid.
The complainants were not bound to elect any particular fund. They had a right to look to the whole estate.
The word 'it,' in their letter to the executor, evidently refers to their legacy of 2,000l. and not to any particular sum in the hands of Harrison, Ansty & Co. That letter did not influence the conduct of the executor, for he did not leave the money in the hands of those merchants. If he had done so, and they had failed, there might have been some plausibility in the argument.
The complainants were not bound to apply to chancery to compel the executor to give security. Until the year 1796, they had no reason to complain, and no cause for suspicion. The testator had placed confidence in the executor, and had left it entirely to his discretion, when, and in what manner, he should place the money out on security; consequently, there was no laches on the part of the complainants.
MARSHALL, Ch. J. delivered the opinion of the court.
This being a suit in chancery, brought by legatees claiming an account, in order to the payment of their legacies, and their bill having been dismissed without an account, the decree can only be supported, by showing that there are, in the hands of the administrator, no assets which ought to be applied to the purposes prayed in the bill.
The testator having bequeathed to each of his two sisters, Sarah and Abigail, who are the complainants, the interest on one thousand pounds sterling, and that being in arrears, and assets having come to the hands of his representative, the complainants are certainly entitled to an account, unless they have forfeited all pretensions to their legacies.
The defendants say they have forfeited their rights,
1st. By a letter, selecting a particular debt in satisfaction of their legacy, which debt is lost.
2d. By their laches.
The better to understand the correspondence, which is relied upon, it must be recollected, that, by the will, the whole estate, real and personal, of the testator, was devised to executors and trustees, who were directed to place it out on public or private security, in such manner as should, in their judgment, best promote the interests of the legatees. The testator then directs, among other bequests, that his trustees shall set apart one thousand pounds sterling, for each of his sisters, the interest of which shall be paid to them during their natural lives, after which, the principal is to be divided between the children of each, if they should marry and have children, but is given to his nephew, Enoch Silsby, in the event of the first legatees' dying unmarried, or without children.
This duty of the executor and trustee, being thus plainly market, he addressed a letter to the legatees, in September, 1791, in which he mentions an offer which had been made him, of a mortgage of 2,000l. the amount of the sums to be set apart for them, which he will take, if it meets their approbation. If the plaintiffs had taken this mortgage, and the title had proved defective, or the mortgaged property had been destroyed, they would, most probably, have forfeited all claims upon the estate of their testator, and would have been, at least, censured by the legatee in remainder, for having destroyed, by an improvident intervention in the management of the estate, his right to the principal sum, on their dying unmarried. Such an interference, on their part, was unnecessary, because the executor was authorised, by the will, to place the estate either on private or public security, as he should think most advantageous, and would have been particularly indiscreet, because they could neither judge of the validity of the title, nor of the value of the premises proposed to be mortgaged. To have intermeddled with the subject would, therefore, have been in them a departure from propriety and common prudence, not to be accounted for, nor justified.
Under these circumstances, they say, 'You mention an old friend of our dear brother's wishing to hire the 2,000l. on mortgage. We would willingly oblige him, but cannot. We choose to let it remain just as our brother left it.'
To the court it seems, that this letter will admit of but one construction. It is a plain declaration, that they do not mean to intermeddle with the duties of the executor, but to leave him to perform them according to the directions of his testator. 'We choose to let it,' (the legacy of 2,000l.) 'remain just as our brother left it,' is plainly saying, that the legacy must remain on the foundation on which the will placed it. The construction which would convert these words into a declaration, that they chose the debts of their testator not to be collected, and that they chose to take upon themselves the hazard of the solvency of any particular debtor, whose debt should remain outstanding, or of the executor, if he should happen to collect it, is really too violent a distortion of them to be tolerated for an instant.
As little foundation is there for the allegation, that the rights of the complainants have been forfeited by their laches. The court can perceive no laches on their part. It was not particularly incumbent on them to incur the expense of inquiring into the manner in which the executor performed his trust, with respect to the estate at large. They received their interest regularly, and there was no circumstance to awaken a suspicion that they were in danger. On the residuary legatee, and on his father and natural guardian, it was more particularly incumbent to examine into the conduct of the executor, and though he may be perfectly excusable for not having done so, he cannot throw the loss on others, whose conduct has been perfectly faultless.
The court is, therefore, clearly and unanimously of opinion, that the complainants have not forfeited their rights; and, consequently, that the decree must be reversed, and an account directed.
In considering the principles on which the account is to be taken, the court think it perfectly clear, that the specific pecuniary legacies must be set apart, before the defendant, Enoch Silsby, can be entitled to the residuum. The words annexed to the bequest of the residuary estate, which subject it to the same conditions with the bequest of the 1,500l. are understood, by the court, to relate to the condition of payment, at the age of 21, and to the limitations over, in case of the death of the residuary legatee, not to the question of abatement; and a residuum, ex vi termini, is that which remains after particular legacies are satisfied.
The court is also of opinion, that if there be not sufficient assets to satisfy all the specific legacies, the loss must fall exclusively on the 1,500l. given to Enoch Silsby, until that fund be exhausted.
It has been argued, that the words of the will limit this charge on that legacy to the contingency of an insufficiency of assets at the death of the testator. The words are, 'It is my will and desire, that if the personal estate, and the produce arising from the real estate of which I shall die seised and possessed, shall not be sufficient to answer the several annuities and legacies herein before by me bequeathed, then, and in such case, I direct that the annuities and legacies shall not abate in proportion, but that the whole of such deficiency, if any there be, shall be deducted out of the said sum of 1,500l. herein before by me bequeathed to my said nephew, Enoch Silsby.'
These words have undergone a very critical examination, and it has been contended, that the time at which the sufficiency mentioned in the will is to be determined, is fixed by the testator at his death, in like manner as if the expression had been, 'if my estate shall not, at the time of my death, be insufficient,' &c. But the words do not appear to the court to demand such an interpretation. The words, 'the personal and real estate of which I shall die seised and possessed,' are no more in substance than the words 'all my real and personal estate' would have been. They describe the subject, on the insufficiency of which an abatement of a particular legacy is to take place, but not the time when that insufficiency is to be tested. In the opinion of the court, that time is when the will is carried into execution, by the application of the funds to their object. If, when that application is made, a deficiency appears, 'then, and in that case' it is, that the abatement is to take place in the specific legacy to Enoch Silsby.
This specific pecuniary legacy, being given to the same person to whom the residuum is given, and on the same terms, assumes completely the character of a residuary bequest, and the testator does not appear to have intended to give it any preference over the residuum. He seems to have intended certain provisions to his relations, the extent of which were apportioned to his opinion of their necessities, and which he did not leave in a situation to be enlarged or diminished by any incident which might affect the state of his affairs. Should his property be merely sufficient to pay those annuities and legacies, they were to sustain no deduction; should it be ever so much enlarged, they were to receive no increase; but all he might possess, exceeding those specific donations, was to be given to his nephew. His bounty to his other legatees was measured; that to his nephew was not defined. As in every case where specific legacies are first given, so in this, it is the intent of the testator to prefer the specific legatees. There would have been no motive for giving a specific legacy, subject exclusively to abatement in case of deficiency, to the residuary legatee, but for the purpose of providing a fund for his education and maintenance during his infancy. For every other purpose, this particular legacy to Enoch Silsby is to be considered as a part of the residuum.
It is not easy to assign a motive in the testator for intending a preference to his specific, over his residuary legatee, in the event of an insufficiency of assets at his death, which would not equally apply to an insufficiency which should take place afterwards. The only motive for this preference which could possibly have existed, was his wish that, if the fund should not be adequate to pay all his legacies, yet, no deduction should be made from those which were particularly bequeathed. This wish originated in his particular feelings towards his relations, and could not depend on the insufficiency which he provided against taking place at the time of his death, or a few months or years afterwards. If, at the time of his death, his estate had been sufficient, but before it could be collected and applied according to his will, bankruptcies, or any other casualties, had occasioned a deficiency, no reason can be perceived, by the court, for supposing that the contemplation of such a deficiency would have induced him to make a different arrangement of his affairs, from what he would have made had he contemplated a deficiency at his death. And between such a deficiency, and one occasioned by the fault or misfortune of an executor, chosen, not by his legatees, but by himself, the court can perceive no distinction.
It is, therefore, the opinion of this court, that the decree of the circuit court be reversed, and that the cause be remanded to the circuit court, that an account may be taken, in order to a final decree.
This cause came on to be heard, on the bill, answers, exhibits, and other testimony in the cause, and was argued by counsel; on consideration whereof, the court is of opinion, that there is error in the decree of the circuit court, in directing the bill of the complainants to be dismissed, and that the same ought to be reversed and annulled. And this court doth farther direct and order, that the said cause be remanded to the circuit court, that accounts may be taken of the assets which are in the hands of the defendant, Thomas Young, of the payments which have been made to Enoch Silsby, and of the sums which are due to the complainants, and of such other matters as may be necessary to a final decree.
Last modified: October 2, 2009