DocketNumber: No. 1183
Judges: Lemert, Montgomery, Sher
Filed Date: 10/15/1931
Status: Precedential
Modified Date: 11/12/2024
In the case of Campbell v McCormick, O. C. D., 281, if is held that:
“Rents received by an administrator from the real estate of his intestate, under certain circumstances, may properly be charged to him on his account filed for the settlement of the estate.”
In the case of Conger, Admr v Atwood, 28 Oh St, 134, the court holds:
“An administrator who, without authority, collects rents of his intestate’s real estate and uses them as assets in paying the debts of the estate, is liable to the party entitled to such rents and he may recover the amount thereof of the administrator in his respective character.”
We believe and hold that the heirs at law of Lewis D. Blanchard, or the admin
A very helpful case and a case parallel to the instant one is to be found in the 9th O. C. D., page 171. In that case the record shows that the mortgage upon which the litigation ensued conveyed the real estate and all estate, right, title and interest, either in law or in equity, of, in and to the said premises, together with all the privileges and appurtenances to the same belonging, and all the rents, issues and profits thereof.
So in the instant case, we believe the right of the mortgagee is to have applied tho funds arising out of the real estate described in the contract, or mortgage, whether from the rents or the sale, or both, and this fund now being in the custody of the court, namely, in the hands of the administrator, its distribution should be upon equitable principles. If the administrator does not have the right to apply this money in the payment of the general debts, upon what principle of justice or equity are the heirs at'law of Lewis D. Blanchard entitled to it?" He bound not only himself, but his heirs, to the proposition that this land and the rents, income and profits should be applied to the extinction of his indebtedness, secured by the mortgage.
Therefore, entertaining the foregoing view upon the instant case, it follows that the same judgment will be entered in this court as was entered in the court below. Exceptions may be noted.