15 N.Y.S. 183 | N.Y. Sup. Ct. | 1891
I think the plaintiff in this litigation is entitled to prevail. He was the purchaser at a public sale in the city of New Fork of certain real estate which the defendant assumed to sell as executor and trustee under the will of Henry Schreiber. He paid $1,515 towards the purchase money, other expenses of the sale amounting to $20, and $125 for the examination of the title. These amounts he now seeks to recover back on the ground that the will of Henry Schreiber does not confer any power of sale upon his executor. The will first provides for the payment of $5.00 to the executor exclusive of his legal commissions, and then gives and bequeaths to him, as trustee, all the rest, residue, and remainder of the testator's property, real and personal, wheresoever situated, in trust (1) to pay $500 to Henry Booman, (2) to pay $500 to Charles Armann, and (3) to invest $5,000 for the benefit of Minna Piper and her children, and pay the principal over to the beneficiaries in certain proportions, at designated times. The will then continues: “All the rest, residue, and remainder of my estate, of whatsoever nature, I direct to