TESTAMENTARY LAW. 2881
The fact that other son has renounced, and that son originally appointed might be
reappointed, are immaterial. Lutz v. Mahan, 80 Md. 236.
A waiver of a right to administer is a sufficient consideration for a promise to
administer without compensation. Mott v. Fowler, 85 Md. 678. And see Bassett v.
Miller, 8 Md, 550; Brown v. Stewart, 4 Md. Ch. 368.
Cited but not construed in Coburn v. Harris, 53 Md. 370; Georgetown College v.
Browne, 34 Md. 455.
This section referred to in construing sec. 69—see notes thereto. Lewis v. Logan,
120 Md. 332.
See notes to sec. 34.
An. Code, sec. 38. 1904, sec. 38. 1888, sec. 39. 1798, ch. 101, sub-ch. 3, secs. 10, 11.
1910, ch. 580 (p. 321).
39. Every administrator shall, before administration shall be granted
to him, execute a bond to the State of Maryland; with at least two sureties
approved by the court or register, in a penalty prescribed by them or him,
or with a surety corporation authorized by the laws of this State to
qualify upon such bonds, and whenever the surety upon such bond is a
corporation so authorized to qualify as such, the amount of the penalty of
such bond shall be fixed by the court or register in an amount not exceed-
ing the probable value of the property and assets of the estate for which
the said administrator should account and be liable for, according to law,
and nothing herein shall prevent the court or register from increasing the
penalty of any bond to such an amount as they or he may see proper, for
sufficient cause shown; and said bond shall have the same condition an-
nexed as herein prescribed for the bond of an executor; and said bond
shall be recorded and be liable to be sued on, and be in all respects on the
same footing as an executor's bond; and any person conceiving himself
interested shall be entitled to a copy of said bond under seal, which copy
shall be evidence.
In view of this section action of orphans' court in requiring an additional bond
is not subject to review, certainly unless discretion vested in that court has been
abused or arbitrarily exercised, and whether even then its action may be reviewed
is not decided. Action of orphans' court upheld. Pratt v. Hill, 124 Md. 255.
The orphans' court is exclusive judge of sufficiency of penalty of bond. Ancillary
jurisdiction of equity. Alexander v. Stewart, 8 G. & J. 245.
On a joint bond each of the administrators is liable not only for his own acts
but for the acts of his co-administrator. Clarke v. State, 6 G. & J. 288.
Cited but not construed in Georgetown College v. Browne, 34 Md. 455.
See sec. 50 and notes; also sec. 107.
The bond of an administrator is liable for the collateral inheritance tax—art. 81,
sec. 140, et seq.
As to counter and new security, see art. 90, secs. 1 and 2.
As to the allowance of the cost of corporate surety bonds out of the estate, see
art. 24, sec. 10. Trust companies are not required to give bond as executor, adminis-
trator, etc.—art. 11, sec. 48.
An. Code, sec. 39. 1906, ch. 270.
40. Any administrator, executor, guardian, committee, receiver, trus-
tee, assignee or other fiduciary or party of whom a bond, undertaking or
other obligation is required, is authorized to agree or arrange with his
surety or sureties, either for a general or a special deposit for safe-keeping
of any and all moneys, assets and other property for which he is or may
be responsible with a bank, savings bank, safe deposit or trust company
|
![clear space](../../../images/clear.gif) |