7 N.Y.S. 870 | N.Y. Sup. Ct. | 1889
The facts, so far as pertinent to this motion, are brief.John Cocks died in 1868, and left a will, by which he directed that a sufficient sum be invested in lands in Westchester county, to produce an annuity of $1,000 a year for his widow'. The widow and five children and two sons-in-law of testator, were made executors, and all qualified. The executors did not do their duty, but invested $10,000 at 10 per cent, on lands in Wisconsin, and substantially divided up the rest of the estate among the children. The western investment did not produce the amount of the annuity, and the arrears thereof became large. On the 6th of July, 1887, Haviland, a son-in-law, his wife a child of testator, and Mrs. Varney, another child, paid the widow $1,800, and she gave them a full release from all liability for the annuity. In February, 1882, the surrogate of Westchester county decreed that this release was good, and that the annuity was thereby reduced to the amount of $777.03 per annum. In Hovember, 1886, the widow petitioned the surrogate to direct an investment of securities under the decree. Mrs.