¶1—The commissions allowed by the Revised Statutes, to executors (2 Rev. Stats., 93), are:—
¶2For receiving and paying out all sums of money not exceeding $1,000—5 per cent.
¶3For receiving and paying out all sums of money not exceeding $4,000—2^ per cent.
¶4For all sums above $5,000—1 per cent.
¶5That is, for receiving, one-half these rates, and for paying out one-half.
¶6This is the construction put upon this provision by the late Chancellor; if I can judge from the charges allowed by him and prescribed in the precedent of a form of an account current to be rendered by a guardian, committee, or receiver, attached to his rules (see Rules of 1839, 169). He allowed the same commissions to guardians, receivers, &c., which the Revised Statutes allowed to executors, and the method he adopted is the fair construction.
¶7I think, therefore, that the receiver in this case is entitled for his commission only to $125 for receiving $15,000.
¶8*72He is also entitled to the same rate for whatever he has actually ¡paid out; which, in this case, is only the amount he has paid, or has incurred, for watching, and for legal assistance: and I shall allow him for these expenses, in addition to his commission on them, the charge he has made in his bill for watchmen and his legal adviser, which, under the circumstances of the case, I do not consider too high.
¶9With regard to the rent, I shall allow him nothing; because, he has plainly incurred no responsibility on that account.