25 N.Y.S. 694 | N.Y. Sup. Ct. | 1893
The appellants, sureties on a general guardian’s bond, petitioned the surrogate that the decree settling the guardian’s accounts be opened, to the end that the sureties might be permitted to show that there was not anything due to the ward from the general guardian. James Brown was the general guardian of the infant, and also the executor under the will of her grandmother, in which capacity he received certain moneys bequeathed to the infant. The sureties insist that the general guardian was in the decree settling his accounts wrongfully charged with moneys he held as executor. The moneys belonged to the infant in either event, but it is urged that Brown, as executor, and not as general guardian, should be decreed to pay them. The surrogate denied the application. An appeal having been taken to this court, his determination must be reviewed as if an original application had been made to this term. Code Civil Proc. § 2481, subd. 6. Briefly,
As the executor is insolvent, the ultimate result of the contest must be that either the sureties or the ward must lose the sum which the executor guardian has misappropriated. The sureties contend that the only way in which he could have transferred the moneys from himself as executor to himself as general guardian would have been in pursuance of a decree of the surrogate’s court, requiring that the general guardian first give a new bond, conditioned to faithfully apply such legacy or distributive share. Code Civil Proc. § 2746.
Code Civil Proc. § 2746, provides as follows: “When a legacy or distributive share is payable to an infant, the decree may, in the discretion of the. surrogate’s court, direct it, or so much of it as may be necessary, to be paid to his general guardian, to be applied to his support and education. * * * Said court may, in its discretion, by its decree, direct any legacy or distributive share, * * * not paid or applied as aforesaid, which is payable to an infant, to be paid to the general guardian of such infant, upon his executing and depositing with the surrogate in his office, a bond running to such infant, with two or more sufficient sureties, duly acknowledged and approved by the surrogate, in double the amount of such legacy or distributive share, conditioned that such general guardian shall faithfully apply such legacy or distributive share, and render a true and just account of the application thereof," etc.