54 P. 209 | Or. | 1898
after stating the facts, delivered the opinion of the court.
It is admitted that the assignee faithfully discharged the trust which he accepted, and personally performed all the duties connected therewith, except caring for the store; and the evidence tends to show that, if he had devoted his whole time and attention to the management of the estate, he could have performed all the service which the business demanded, thereby rendering it unnecessary to have employed a salesman. The statute prescribing the duties and compensation of an assignee requires that he shall, as soon as the estate can be settled, render a final account of his trust to the circuit court, which is authorized to allow him such commis
An assignee may deem it expedient and to the best interests of the estate to continue the operation of the business in which the assignor was engaged, in the hope that the insolvent may be enabled thereby to pay his creditors’ demands, and thus redeem his property; but in the case of a decedent’s estate no such expectation can ever be entertained, and hence the assignee may be required to perform greater service than is demanded from an executor or administrator, in view of which the commissions allowed the latter would often be entirely inadequate for the former. When such extra service has been rendered by the assignee, he ought to have such compensation as would be reasonable, in view of the time, talent, and character of service employed in the management of the trust estate. The allowance of compensation to an assignee for service rendered in the discharge of his duties must necessarily be a matter resting largely within the discretion of the circuit court, which, being cognizant of the character of the service performed, can ordinarily be depended upon to make a fair allow
Affirmed .