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Bland's Reports, Chancery Court 1809-1832
Volume 201, Page 53   View pdf image (33K)
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LATIMER v. HANSON. 53

have now been upwards of three years in the trustee's hands. Upon
which they prayed, that a trustee might be appointed to receive the
money from Nicholas Brewer, and who might be directed to invest it
in some public stocks, and the dividends thereof also to be invested.
31st December, 1821.—JOHNSON, Chancellor.—On the afore-
going petition, it is ordered, that the trustee, Nicholas Brewer, invest
the money that he has, or shall receive in consequence of the
sales made by him, in the stock of the Farmers Bank of Maryland,
or in the stock of the Government of the United States, as he shall
find most to the interest of those interested, and the dividends
arising from such investment, in like manner to be invested. An
annual report of the trustee is directed to be made to the court
stating the amount invested, and the dividends arising therefrom, as
well as the appropriations he shall have made of the dividends.

On the first of April, 1824, some of the devisees filed a petition,
praying that the trustee might be ordered to account for stock pur-
chased; or, if none had been purchased, that he might be charged
with interest, and that another account might be stated making a
distribution without charging him interest. Upon which it was
ordered, that the accounts be stated by the auditor as prayed.

11th March, 1825.—BLAND, Chancellor.—Ordered, that Nicho-
las Brewer, trustee, on or before the second day of April next, bring
into court the money in his hands arising from the sales of property
sold by him, and the securities which remain uncollected, as also
interest from the 1st January 1822, on the amount acknowledged by
his report to have been received, or shew cause to the contrary:
provided a copy of this order be served on the said trustee on or
before the twentieth instant.

The auditor, in his report of the 2d of July, 1825, says, " In
obedience to the court's order of 24th July, 1820, he has made, of
the claims exhibited against the estate of the said Charles Wallace,
deceased, the statements marked A. A. as of the day of the trustee's
last sales, and they amount, as appears for debts, to $8897 12, and
for legacies to $2900 21. The claims for debts are not established as
the act of '98, and the practice of the court require. Nor have such
proceedings thereon been taken as to enable the Chancellor regularly
to allow them, if they were sufficiently vouched. Yet, one of them
(No. 1.) being a judgment against the deceased in his lifetime, and of
course a Men on the estate, he thinks it should, at least, be entertained

 

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Bland's Reports, Chancery Court 1809-1832
Volume 201, Page 53   View pdf image (33K)
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