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" The personal estate is the primary fund for the payment of debts and legacies. "
The Law's Disposal of a Person's Estate who Dies Without Will Or Testament ... - Stran 289
avtor: Peter Lovelass - 1823 - 442 strani
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The Law Journal for the Year 1832-1949: Comprising Reports of Cases in the ...

1850 - 644 strani
...estate. The annuities also are not charged on the Netley estate in exoneration of the personal estate. The personal estate is the primary fund for the payment of debts, but every part of the will must receive a construction ; the mere expression of an intention to pay...
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English Reports in Law and Equity: Containing Reports of Cases in the House ...

Edmund Hatch Bennett, Chauncey Smith - 1853 - 680 strani
...to me that the ordinary rule as to the administration of real and personal estate must apply here. The personal estate is the primary fund for the payment of debts and legacies, and the real estate is charged as a subsidiary fund, which must mean with what remains...
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Reports of Cases Decided in the High Court of ..., 65. del ,Količina 5

John Peter De Gex, John Jackson Smale - 1853 - 938 strani
...being therein specified, and though not being wasting investments, must be converted. — -Held, also, that the personal estate is the primary fund for the payment of the debts and legacies, and that the real estate i» a subsidiary fund only for their payment. of 15001....
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Reports of Cases Argued and Determined in the Surrogate's Court ..., Količina 2

Alexander Warfield Bradford, New York (State). Surrogate's Court (New York County) - 1854 - 558 strani
...a larger sum in a proceeding to sell the real estate of the deceased for the payment of his debts. The personal estate is the primary fund for the payment of debts, and the measure of recovery against the realty cannot exceed that against the personalty, though it...
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Institutes of American Law, Količina 4

John Bouvier - 1854 - 756 strani
...reason that the personal as well as the real representatives should be brought before the court, because the personal estate is the primary fund for the payment of debts, and ought to be applied in ease of the land ;(a) the heir, therefore, has a right to insist that it...
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A Selection of Leading Cases in Equity: With Notes, Količina 2

Frederick Thomas White, Owen Davies Tudor - 1859 - 728 strani
...payment of debts, before resorting to that, which he has given specifically. It has already been stated, that the personal estate is the primary fund for the payment of debts, and that the mere circumstance that they are also a lien upon the land, will not exonerate the personalty...
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A Selection of Leading Cases in Equity: With Notes, Količina 1

Frederick Thomas White, Owen Davies Tudor - 1859 - 924 strani
...then, as to cases not coming within the operation of the Act : it i« clear that in accordance with the general rule, that the personal estate is the primary fund for payment of debts, unless by express words or manifest intent it is exempted, the personal estate is...
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Reports of Cases in Law and Equity in the Supreme Court of the State of New York

Oliver Lorenzo Barbour - 1860 - 712 strani
...rents and profits thereof, and to apply the said rents and profits to the use of such child," &c. II. The personal estate is the primary fund for the payment of debts and legacies, and the legal presumption is, where a legacy is given without any specification as to...
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North Carolina Reports: Cases Argued and Determined in the ..., Količina 68

North Carolina. Supreme Court - 1873 - 626 strani
...land by deed ; hence, the old form, " For the payment of which I hereby bind myself and my heirs." The personal estate is the primary fund for the payment of debts. An heir who paid a specialty debt, ie a bond in which he is expressly charged, had relief in equity,...
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North Carolina Reports: Cases Argued and Determined in the ..., Količina 64

North Carolina. Supreme Court - 1870 - 952 strani
...the testator. In order to ascertain what is embraced under this clause, according to a well settled rule that the personal estate is the primary fund for the payment of debts and pecuniary legacies, it is necessary to take out of the personal estate enough to pay debts. Then...
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