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123 N.Y. 402

25 N.E 386

33 N.Y.St.Rep. 622

Royce v. . Adams

New York Court of Appeals

Decided October 28, 1890

New York Court of Appeals · decided 1890-10-28

This action was brought by plaintiffs as trustees under the will of Henry R. Low, deceased, to conqpel the specific performance, on the part of defendant, of a contract to purchase certain of the real estate of which the testator died seized. The facts, so far as material, are stated in the opinion.

Relies on Delaney v. . McCormack

Good law ✅— No negative treatment on recordhow we know

Decided 1890-10-28

How this case has been cited

Cited by 15 later decisions — most recently June 1945

1 district · 13 state decisions

40189019001910192019301940decided

Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.

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Eabl, J.

¶1 The testator, Henry R. Low, devised and bequeathed to his executors all his real and personal estate upon the trusts mentioned in his will, and authorized them to sell, lease or otherwise convey or dispose of any of his real or personal estate, and to give a good title thereto. Before the estate' was completely settled all the executors and trustees named therein resigned. ■ Thereafter by an order of the Surrogate’s Court, and subsequently by an order of the Supreme Court, both properly made, these plaintiffs were appointed trustees under the will in the place of those who had resigned; and the question is whether they have authority to execute the power of sale contained in the will.

¶2 Wliile it is not expressly provided what shall be done with thg proceeds of the sales of property, it is implied that they must be held and disposed of for the purposes of the will.

¶3 Here the trust survived the resignation of the testamentary trustees, and hence the surrogate had authority to appoint the new trustees under section 2818 of the Code, which provides that when a sole testamentary trustee dies, or becomes a lunatic, or is by a decree of the Surrogate’s Court removed or allowed to resign, and the trust has not been fully executed, the Surrogate’s Court may appoint a successor, unless such appointment would contravene the express terms of the will. It is true that this provision mentions only a sole testamentary trustee; but the language of the whole section shows that it was the intention to provide for a case where all the testament- . ary trustees died or resigned, and that there was no purpose to confine it to the case of a sole testamentary trustee. Hence these plaintiffs eoidd base their authority to act as trustees under the will and to execute the power therein conferred upon the testamentary trustees upon their appointment by the. surrogate.

¶4*405 But if that appointment was insufficient to clothe the plaintiffs with a valid authority and the power of the testamentary trustees, it cannot be doubted that they received such authority under their appointment by the Supreme Court. It is familiar law that upon the death of an original trustee the trust devolves upon the Supreme Court, and it has jurisdiction to appoint new trustees to execute the trust. (1 R. S. 130, § 71, 134, § 12; Delaney v. McCormack, 88 N. Y. 174; Farrar v. McCue, 89 id. 139; Mott v. Ackerman, 92 id. 539; Cooke v. Platt, 98 id. 35; In re Hamley, 104 id. 250 ; Greenland v. Waddell, 116 id. 243.)

¶5 The power of sale is by the will, conferred upon the executors, or “whoever shall execute this my will,” and hence the power is not a personal trust or confidence, but it can be exercised by any person lawfully appointed to execute the will.

¶6 The plaintiffs, therefore, have power to convey the real estate in question and can give a good title thereto, and the judgment should be affirmed, with costs.

¶7 All concur.

¶8 Judgment affirmed.

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