Falkner v. Folsom's Executors
Falkner v. Folsom's Executors
Opinion of the Court
Mr. Chief Justice Murray and Mr. Justice Terry concurred.
This case differs from that of Ellissen v. Halleck et al. at this term, in that the claim of the complainants was duly presented to the executors, and duly allowed by them and by the Probate J udge. This gave to the claim all the virtues and properties which a judgment against executors can have under our system. This is apparent from the language of § 140 of the Act to regulate the settlement of estates, which provides that the effect of a judgment against an executor, etc., shall be only to establish the claim in the same manner as if it had been allowed by the executor and the Probate Judge, etc.
There was, then, no necessity for this suit, and the judgment rendered can give the complainants no. greater rights nor better security than they had before.
The policy of the law against burdening an estate with unnecessary
The judgment is reversed, and the bill dismissed.
Reference
- Full Case Name
- FALKNER v. FOLSOM'S EXECUTORS
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- A mortgage debt, due by the estate of a deceased person, stands in the same position as any other debt, and its allowance by the executor and Probate Judge gives to the claim all the virtues and properties which a judgment against executors can have under our system. There being no necessity for a foreclosure suit against an estate, where the claim has been allowed, and the policy of the law being against burdening an estate with unnecessary costs, such a bill will not lie.