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Opinion of the Court by

Chief Justice Hobson

Affirming.

Samuel Harding died in January, 1903. ‘His will, which was duly admitted to probate, is in these words:

“I, Samuel Harding, do make this, my last will and testament, written wholly by my -own hand, revoking all other wills made by me.

“Item first. I have in my hand® belonging to my wife thirteen thousand dollars in notes ¡and contracts showing indebtedness to me or her from -others, whether in my own name or her-s this is nevertheless the property ¡of my'wife to the extent ¡of thirteen thousand dollars, exclusive o-f some notes she holds in her possession, and I recognize this indebtedness to her with interest from this date, and it-is my will that my estate -guarantee and pay the whole sum as though it was a -debt -due from me to her as- indeed it is.

, “Item two. I give to my beloved wife, Lucy W. Harding, one-third of all the remainder of my -estate after my debts (including -the -above to her) are- paid absolutely and unconditionally, and I give the ¡remaining two-thirds to her for and during her natural lifetime, the remainder interest to go ais though I had died intestate to my brothers and -sisters -or their descendants ¡should I survive them.

“Item three. I appoint my wife, Lucy W. Harding, executrix of this, my will, and invest her with ful-1 power to sell and convey any and all -of -my real and personal-estate -as she may think best.

“In testimony -of all of which, witness my signature this 27th day of November, 1894.

‘ Samuel Harding. ’ ’

The wife declined to qualify as -executrix and J. L. Bruce was appointed administrator with the will1 annexed. He sold -a part of the land and the wife insisted that he had no power to ¡sell it. Her contention was sustained by the Circuit ¡Court, but on -appeal to this *400Court, the judgment was reversed, it being- held by this Court that the administrator, with .the w|ill annexed, had 'all the powers1 conferred upon the executrix by the will. (Harding’s Admr. v. Weisiger., 33 R. 170.) The wife presented a claim against the -estate amounting to about $42,000; other claims for large amounts were also presented. The Circuit Court fixed the -amount of the wife is debt at $29,498.78, subject to certain credits. On appeal to this Court it was held that the amount due her on September 27, 1906, was $20,541.21. (Harding’s Admr. v. Harding, 132 Ky. 133). After a judgment had been entered by the Circuit Court in conformity to the mandate of this Count and the administrator had paid oft the claims which had thus been liquidated, a considerable part of the estate was left in his hands, and on May -1, 1909, an order was entered directing him to turn over everything in his hands toi -the widow, Lucy W. Harding, one-third of the property to be hers absolutely and two-thirds to be held by her for life; and .she was required to execute a bond with good surety payable to the remainderman that tshe would account for the two-third's at her death. 'S|he objected to this order and refused to execute the bond. On April 30, 1910, a judgment was entered 'directing the administrator (1) to collect as 'Speedily as possible by suit or sale all matured obligations 'held by him. (2) To report at -the next term what claims he h-e-ld were doubtful or of no value, and either party was. allowed to- -take proof on this matter. (3) The administrator was directed to deliver at once to Lucy "W. Harding all assets in his hands ready for distribution and not coming within the purview of 1 and 2. If she failed to -execute a bond, then he was required to turn over the assets to the Commissioner of the Court. She declined to execute the bond a?nd he turned over the -estate to the Court’s Commissioner. On January 16, 1911, she was permitted by the Circuit Court to. file an 'amended answer in which -she set up a claim against the -administrator amounting to something over $15,000. On May 3, 1911, the Circuit Court heard the case on this claim and 'entered a judgment in her favor for $5,689. From this judgment an appeal was prosecuted to this iCourt, where lit was held that the order of May 1, 1909, was merely interlocutory, but that the judgment of April 30, 1910, was final, 'and that the subsequent judgment of May 3, 1911, was erroneous because the Court had1 disposed of the- controversy *401by the judgment of April 30, 1910, and that after that final judgment had been entered, it was too late for amended pleadings to be filed and additional claims to be set up. The appeal's then before the Court were prosecuted' from the judgment of May 5, 1911, and of May 1, 1909. No appeal was then prosecuted from the judgment of April 30, 1910. (Harding v. Harding, 145 Ky., 315.) The appeal now before us is prosecuted by Lucy W. Harding from the judgment of April 30, 1910. KIhe insists that judgment is erroneous in that it denied her the rents .and profits of the estate to which ,she was entitled as devisee, and that these should' have been adjudged to her before the division of the estate in thirds, as provided by the will. It appears that there was then in the hands of the Court about $17,000 in cash, and bank stock worth about $1,800. 'She insists that she was entitled to the rents of the real estate and that, as more of the estate was sold than was necessary for ithe payment of the debts after exhausting the personal estate, s'he should be made up out of the funds in the hands of the Court what she lost in the way of rents by the sale of the real estate; and that she is also entitled to the interest earned by the entire fund while in the hands of the administrator.

Appellee has entered a motion to dismiss the appeal on the ground that all the matters complained of are res adjudicata; but this motion is based upon a misunderstanding of the decision in Harding v. Harding, 145 Ky., 315. In that opinion it is expressly shown that the only thing before the Court then was the correctness of the judgment of May 5, 1911, and that no appeal was then prosecuted from the judgment of April 30, 1910. As the correctness of that judgment was not before the Court on that appeal, the judgment there is not conclusive as to it, and the motion to dismiss the appeal now before us is not well taken.

It remains, therefore, to dispose of the appeal on the merits. By the will of Samuel Harding he directed the payment of a certain debt to his wife, and devised to her absolutely one-third of all the remainder of the estate after Ms debts were paid; the other two-thirds to go to her for life, and at her death to Ms heirs-at-law. He gave the administrator full power to- sell and convey all of the real and personal property as the administrator might deem best. The administrator sold all of the real estate; but in view of the condition of the *402©state we do not see that in doing this he abused the •discretion conferred upon him by the will. The debts •against the estate as allowed by the Court amounted to $87,723.12, including cost of administration, and, as presented to the commissioner, amounted to. a muich larger sum. If Lucy W. Harding’s claim had ¡been allowed in full, there would have been no .surplus in the hands of the administrator. It was the duty of the administrator to use reasonable judgment in arranging •for the payment of the debts of the estate, and certainly Lucy W. Harding cannot complain when, if her debt had been allowed as claimed by her, no more land would have been sold than would have been necessary to pay the debts.

Upon the death of the decedent the title to all his personal property vested in his personal representative. Lucy W. Harding as a devisee under the will took only the remainder left after the payment of the debts, one-third going to her absolutely and two-thirds for life. She took no title to the personal estate. This vested in the personal representative and she was only entitled to the surplus left after the payment of the debts and. the cost of administration. The interest on the fund or the increase ds a part of the fund, and she was no more entitled to the interest than to the principal. (Cook v. Burton, 5 Bush, 67; Muldoon v. Crawford, 14 Bush, 132; 2 Woerner on Administration, Sec. 307; 18 Cyc. 172-174.)

Th/e testator, by his will, authorized the executor of the will to sell the real estate, and in view of the condition of the estate this1 was manifestly necessary. The rule is that where the land of the decedent has been sold to .pay debts under a power in the will the proceeds are assets in the hands of the executor, and are a trust fund held by •him for the payment of debts. (Grider v. Payne, 9 Dana, 191; Muldoon v. Crawford, 14 Bush, 132; Maret v. Robb, 91 Ky., 90; 11 Am. and Eng. Encyc. of Law, 84; 18 Cyc., 189). The proceeds of the .sale of the real estate being assets in the hands of the personal representative for the payment of debts, the interest follows the .principal, and is also assets in his hands. The widow was1 .only entitled to have absolutely one-third! of the surplus remaining after the .payment of the .debts and two-thirds of it for life.

'This disposes of all the matters complained of on the .appeal except the rent of the real estate. It appears from the record that she collected in round num*403bers about $2,500 of tbe rents and used tbe money. It also appears that tbe personal representative collected $307 of tbe rents; but tbis be did in tbe earlier part of tbe administration. He reported tbe fact to tbe Court, bis reports were confirmed, no claim being set up by tbe widow to tbe $307 of tbe rent money by any exception to tbe reports; and after all tbis was done, be was ordered to pay out tbe money on tbe debts and did pay it out. When tbe caso was beard on April 30, 1910, sbe, in no way, brought tbe matter to the attention of tbe Court, and tbe claim which is now made .seems first to have occurred to counsel .since that judgment was entered.

Lucy W. Harding objected to the order of May 1, 1909, and amoved the Court to set if aside. Tbe ground of this objection appears to have been that by that order tbe administrator was directed to turn over to her all the notes and claims due the estate, when sbe insisted that tbe administrator .should oolleat the assets and make a final settlement before be was discharged. On the bearing of this motion the judgment of April 30, 1910, was rendered and tbe administrator was directed to collect the assets, .and to report to tbe Court what were good and what were bad, so that there would be no dispute in tbe future as to the character of tbe assets turned over to her. It was incumbent upon her when sbe was insisting upon tbe correction of tbe order of May 1, 1909, to present to tbe Court all her grounds of complaint. She could not present some objections to tbe order and bold back others for future use, and sbe cannot complain of tbe judgment of tbe Circuit Court on account of objections which were not then presented to tbe Circuit Court. It is a familiar rule that this Court will not notice objections made for tbe first time on appeal. Tbe reason of tbe rule is obvious. The opposite course involves delay .and imposes costs tbat would otherwise be avoided. We therefore conclude tbat as tbis sum of $307 of rents wbicb was collected by the administrator and reported by him to tbe court, was paid out by him under tbe order of tbe Court on tbe debts and approved by tbe Court without objection by her, and a final judgment was thereafter rendered disposing of the entire estate without tbe matter being called to tbe attention of tbe Circuit Court by exception, of any sort, tbe objection cannot for tbe first time be made in this 'Court by appeal.

*404This conclusion mates it unnecessary for us to consider the other questions raised on the appeal; hut we deem it proper to add that on the whole record, and in view of all the facts, we do not perceive that any substantial injustice has been done to her toy the judgment.

Judgment affirmed.

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