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182 N.C. 705

110 S.E 57

Ex parte Wilds

Supreme Court of North Carolina

Decided December 21, 1921

Supreme Court of North Carolina · decided 1921-12-21

, at December Term, 1921, of DavidsoN. Tbe petitioners, trustees of tbe Caroline E. Ford and Martha A. Haden Home, and E. B. McBary, life tenant, filed a petition in tbe Superior Court of Davidson County for tbe sale of a certain part of the lands devised by Caroline E. Ford, in item 23 of her will appearing in tbe record. Testatrix died in tbe year 1909, and tbe life tenant, E. B. McBary, is still living.

Cited by 1 later decisions — most recently March 1941

Good law ✅— No negative treatment on recordhow we know

Decided 1921-12-21

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Adajis, J.

¶1The only question presented for decision is whether his Honor had power to make the order of sale. The purchaser declined to accept the commissioner’s deed on the ground that the trust will not vest in the trustees until the termination of the life estate. Immediately upon the devisor’s death McBary acquired a life estate and the trustees a vested remainder in the home place. His Honor ordered the sale upon *708tbe joint petition of tbe life tenant and tbe remaindermen; and as tbe trust became effective as a vested remainder at tbe death of tbe testatrix, subject, of course, to tbe legal rights of tbe tenant for life, tbe purchaser has no valid reason for bis refusal to accept tbe deed or to pay tbe purchase price. In Church v. Ange, 161 N. C., 315, Allen, J., said: “Courts of equity have long exercised tbe jurisdiction to sell property devised for charitable uses, where, on account of changed conditions, tbe. charity would fail or its usefulness would be materially impaired without a sale.” Lackland v. Walker, 52 N. W., 422; Brown v. Baptist Society, 9 R. I., 184; Stanly v. Colt, 72 U. S., 119; Jones v. Habersham, 107 U. S., 183; Fisher v. Fisher, 170 N. C., 381.

¶2Tbe judgment is

¶3Affirmed.

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