125 Pa. 164 | Pa. | 1889
Boyer’s appeal.
Opinion,
Dr. Hunter died in June, 1870. He devised all his estate, real and personal, to John McManus, in trust, to pay over the income therefrom to his widow during her life, but providing that each of his children upon reaching the age of twenty-five years should be paid his or her distributive share of two thirds of bis estate, and on the death of his widow the remaining third should be divided in like manner. In 1875, McManus filed an account as trustee in which he took credit for commissions on funds passing through his hands amounting to $1,401.37. This was not confirmed until after his death, which took place in June, 1875. He had expressed a purpose to give his commissions to the children of Dr. Hunter, but at the time of his death no gift had been made. Ammon L. Boyer was appointed
As to the first of these items the evidence is vague and uncertain. It does not clearly appear whether the books and
The other item of surcharge requires a more extended consideration. The transaction of which the receipt of January 12, 1876, was part was in effect a bargain between the executors of McManus and Boyer, as trustee. The executors proposed that if the note and interest was allowed to them they would pay the amount back to Boyer with enough more to make up the amount of the commissions which McManus had proposed to give to Dr. Hunter’s children. Tn other words they would carry out their testator’s intentions if they could be allowed to turn in an invalid and worthless claim for about three fourths of the entire amount. But the note and interest were charged against the trust estate. The payment of it took §932.50 of the money belonging to the trust, and when it was returned to Boyer by the executors of McManus in pursuance of the arrangement between them, it had not changed character. It was the same money and belonged to the same fund. The only money really paid by the executors of McManus was the sum of $468.87, the amount necessary to make up with the note and interest a sum equal to the- commissions which McM.anus had proposed to give. The $932.50 never left the hands of Boyer. It belonged to the trust created by Dr. Hunter after the arrangement of January 12, 1876, as well as before, because Boyer had no power to divert it from the purposes of the trust, and for the further reason that it continued in his hands. As to the amount which really came from the estate of McManus, it was competent for those who gave the money to impress upon it such trust as they pleased. They devoted the money which they paid, which was really but $468.87, to the children of Dr. Hunter and not to the trust created by his will. As to this sum Ammon L. Boyer is a trustee for the children under the terms of the paper of January 12, 1876, and is nqt liable to account as trustee under Hunter’s will. As to the $932.50 he is liable to account precisely as though the arrangement had never been made with the executors of McManus.
The receipt was so evidently given under a misapprehension
Upon the principles thus stated,
The judgment is affirmed.
READING EIRE INS. CO.’S APPEAL.
Opinion, Mr. Justice Williams :
The first assignment of error is not sustained. There was nothing in the evidence by which the fact of the sale of the medical books and surgical instruments by Boyer was established, or any date fixed from which interest ought to be charged. They were wholly unaccounted for, and they were accordingly charged to the trustee at their appraised value, with interest for three years thereon. In the absence of evidence giving definite information as to the fact of the actual conversion of these articles into money, and the time when, and the amount realized therefrom, Ave cannot say that the court is guilty of manifest error in its disp&sition of this subject.
The second assignment is equally AAdthout support. The transaction of January 12, 1876, Avas not a “waiving of the right to commissions ” which had been allowed to McManus and were actually in the hands of his executors, but was an arrangement by which they retained the larger portion of them in their oavii hands, by securing a credit for the sum of $932.50, for a note which had been long barred by the statute of limitations. The ruling of the learned judge of the court below upon this subject we have affirmed in an opinion, filed at the present term, in the appeal of ,Jeróme L. Boyer, administrator, etc., from the same decree from which this appeal Avas taken. We refer to the opinion in that case for a discussion of the reasons on which our decision rests.
The decree is affirmed.