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Reports of Cases in the High Court of Chancery of Maryland 1846-1854
Volume 200, Volume 4, Page 460   View pdf image (33K)
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460 HIGH COURT OF CHANCERY.
to call upon them for an account, proceed nevertheless to state
what they believe to have been its annual value during the life
of Isaac Spencer, and since his death, and they admit that let-
ters cum testamento annexe, de bonis non, on the estate of Wil-
liam have been granted to William A. and John Spencer, two
of the defendants.
It appeared by an account passed by Isaac Spencer, as ex-
ecutor of William Spencer, on the 4th of January, 1825, in the
Orphans Court of Kent county, that the personal estate of the
deceased had been overpaid the sum of $3,506 16. The assets,
according to this account, consisting of the inventory and cash
received by the executor, amounted to $9,886 28.
It also appeared that on the 31st of July, 1835, the addi-
tional account of the said Isaac as such executor, returned by
William A. and John Spencer, was passed by the Orphans
Court, showing an overpayment of $30,673 21. In this ac-
count additional assets to the amount of $1,285 06 are charged,
and besides the overpayment above stated, credit is taken for
$1200 on account of runaway slaves, and for the sum of
$17,534 52 appearing to be due the accountant, Isaac Spencer,
as per a contract exhibited and passed by the Orphans Court
on the 27th of March, 1825.
The contract on which this credit was claimed, bears date on
the 27th of June, 1803, and is signed and sealed by William
Spencer and Isaac Spencer It evidences that Isaac had sold
to William certain parcels of land belonging to the former in
Queen Anne's county, "Conden," "Conden Renewed," "Cromp-
ton," "Pearl," and "Sandy Hurt," for the sum of £2500, bear-
ing interest from the 24tb of November, 1802, and fifty cords
of wood. Isaac Spencer agreeing to take in part the bond of
Nathaniel Peacock for $2000, "and to receive other good bonds
for the balance, payable in 1, 2, 3, 4 and 5 years," on payment
of the purchase money the title to be conveyed.
Sundry credits are endorsed upon this contract, the first on
the 4th of April, 1804, and the last on the 21st of January,
1822.
The complainants pleaded limitations against this claim, as

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Reports of Cases in the High Court of Chancery of Maryland 1846-1854
Volume 200, Volume 4, Page 460   View pdf image (33K)
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