46 N.Y.S. 53 | N.Y. App. Div. | 1897
The question upon which the disposition of this matter dependáis whether or not the will of the decedent contains, an imperative-power of sale. By his will, of date November 10, 1888, he directed that his debts and funeral expenses be paid out of -his estate by the- ■ executor as soon as practicable after his. decease. He gave the resi- - due of his estate real and personal to his wife. He then added, the clause: “ Lastly, I hereby authorize and empower my said executor,, for any purpose that he in- his best judgment may think proper, to-grant, bargain, sell and convey' all, or any part of any and all lands- and real estate owned by me, or to which I may be entitled, or in •which I may have any interest at the time of my decease, and to-apply the proceeds of such sales in conformity to the provisions of this my last will and testament.” He' died in July, 1895. His will was admitted to probate and letters testamentary were issued to the* executor. As it does not appear what his debts were at the' time-the will was made, or what the condition of his estate then was, the-question presented is dependent solely upon the -purpose of the tes-. tator as represented by the provisions of his will. He imposed upon the executor the duty to pay his debts without making them a. charge upon his real estate. He also gave him a power of sale' of the real property, with direction to apply the proceeds in such manner as the execution of the -other provisions of the will required. Izzeluded in -those provisions is the direction to pay his debts, for th& p.ayment of which it seems he left insufficient personal estate. In fact it appears that he left but very little personal estate. This was-a general power within the meaning of the statute (1 R. S. 732, § 77) and was in trust. Such a power “unless its execution or nonexeeiition is made expressly to depend ón the will of the grantee, is-'. imperative, and imposes a duty on the grantee, the performance
The order appealed from should be affirmed.
All concurred.
Order of surrogate affirmed, with ten dollars costs and disbursements, payable out of the estate.