214 Mass. 593 | Mass. | 1913
The fund which is the subject of controversy in this case is called the Hicks Reserve Fund and was paid over to the town of Norton by the executor of the will of Cyrus Hicks, the donor of the fund and creator of the trust, on May 23, 1891, and ever since has been held and administered by the town through its
The plaintiffs contend that the trust does not constitute a public charity, that it is void in whole or in part because of the provisions for accumulation and that the trust is not validated by the act of the Legislature. We do not find it necessary to consider the questions thus raised. The suit is in effect an action for money had and received, and as such it seems to us that the statute of limitations is plainly a bar. The plaintiffs have no right to the fund except what they take by and through Seraphine A. Carpenter, the sole heir at law and next of kin of Cyrus Hicks, and her right, if any, or rather that of her residuary legatee DeWitt Clinton Carpenter, accrued when the executors of the will
Bill dismissed with costs.