Judges: Clarke, Dowling, Laughlik, Scott
Filed Date: 12/1/1916
Status: Precedential
Modified Date: 11/10/2024
JPlaintiffs are the executors under the will of William P. Sandford, whereby they were given “ full power and authority to sell at private or public sale, all or any real estate ” of which the testator might die seized or possessed. The will further provided: “ It being my directions that my executors shall be required to Burnish or give bonds of Twenty-five thousand ($25,000) Dollars each for the faithful performance of their duties under this my will.” The paragraph containing these provisions is the only one set- forth in the agreed statement of facts. On Hay 27, 1914, the surrogate of Kings county (whereof decedent was a resident) duly admitted said will to probate, and on Hay 28, 1914, he issued to the executors therein named letters testamentary upon the estate, but they have not furnished or given the bond referred to in the will. It is not claimed that the surrogate has called upon, or required them so to do, nor made the issuance of letters conditional upon the ground of such bonds. The* amount of decedent’s estate does not appear. The executors, after the issuance of the letters to them, entered into an agreement in writing with the defendant for the sale of certain lots owned by decedent, located in Bronx county. Defendant contends that the executors, having failed to furnish any official bonds, have no authority to act under the terms and provisions of the will. We deem this contention without merit. Decedent’s will was duly admitted to probate. While he gave directions that his executors should furnish bonds, he did not make their qualification, nor the issuance of letters to them, conditional on their complying with the direction. He appointed no one else to act in their place if they failed to comply. He gave no reason for his request, which may well have been due to extra precaution, rather than to any mistrust of those whom he selected to manage his estate. In any event, the direction to give bonds did not disqualify his executors from acting as such if they failed to give the bonds, and had no further effect than to justify the surrogate, if he deemed it wise, to withhold the issuance of
Judgment ordered for plaintiffs, without costs. Order to be settled on notice.