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Bland's Reports, Chancery Court 1809-1832
Volume 201, Volume 2, Page 215   View pdf image (33K)
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I

CAMPBELL'S CASE. 215

$50,860 65; but, as it appeared, that some payments had been
made by the former trustees, no distribution could be made until
the evidence of those payments produced.

The plaintiffs, Edward Campbell and Cunningham and wife, by
their petition, filed on the 11th of December, 1827, stated, that on
the petition of the devisees and heirs of the late William Camp-
bell, the General Assembly had, on the 1st of March, 1826, passed
a private act authorizing the Chancellor, on the application of any
person interested, and oh being satisfied that it would be benefi-
cial to the creditors and others interested in the es|ate, to appoint
a trustee with power to mortgage the real estate of which the late
William Campbell died seized, or any part of it, for such sums, and
on such terms as he might deem most advantageous to all con-
cerned; and that the trustee so appointed, should give bond with
surety for the faithful performance of his duty, (c) And these
, petitioners further state, that the plaintiff Randolph Campbell, was
then dead intestate, and without issue; that Charles Campbell still
continued to be of unsound mind, and was then in the hospital in
Philadelphia, without hope of recovery; and the petitioner Cathe-

(c) An act to authorize the appointment of a trustee or trustees, with powers to
mortgage certain real estate, for the purposes therein mentioned.

Whereas, it is represented to this General Assembly that William Campbell, late
of Frederick county, deceased, was, at the time of his death, seized and possessed of
considerable real and personal estate, and was indebted to a very large amount; that
the estate which he left is greatly more than sufficient to pay his debts, if a sale of
said property could be effected on reasonable terms; but at this time, it cannot be
sold without a considerable sacrifice. And, whereas, the devisees and heirs at law
of the said William Campbell have petitioned this General Assembly for a law to
authorize them, or some person for them, to raise a sufficient sum of money to pay
the debts due by the said William Campbell, by mortgaging the real estate of which
the said Campbell died seized. Therefore,

Be it enacted by the General Assembly of Mainland, That the Chancellor of Mary-
land, upon the application of any person or persons interested in the said estate, and
upon being satisfied that it will be beneficial to the creditors and other persons inte-
rested in toe said estate, be, and he is hereby authorized to appoint a trustee or
trustees, with power and authority to mortgage the real estate of which William
Campbell, late of Frederick county, died seized, or any part thereof, to such person
or persons, and for such sum or sums, and on such terms and conditions as he, she,
or they may deem most advantageous to all the persons interested as aforesaid in the
estate of the said William Campbell. Provided, That the trustee or trustees, so
appointed, before he, she, or they proceed to the execution of the trust, shall execute
a bond to the state of Maryland, with such security as the Chancellor shall require,
conditioned for the performance of said trust, and for the faithful application of the
sum or sums of money which may be received from the mortgage of said estate, to
the payment of the debts due by the said William Campbell previous to his decease.—
1825, ch. 135.

 

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Bland's Reports, Chancery Court 1809-1832
Volume 201, Volume 2, Page 215   View pdf image (33K)
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