In re the annual return of Jones
In re the annual return of Jones
Opinion of the Court
delivering the opinion.
The plaintiff in error claims two and a half per centum •commissions on the sum of 39,788 64-100 paid by him to certain legatees, under the will of Abraham Jones, of which he became executor by operation of law, Seaborn Augustus Jones, the executor of Abraham Jones’ will, having appointed him executor of his will. He had retained two and a half per centum on this same sum, as an amount due him by the legatees under the will of Abraham Jones, as commissions, for paying to them their money under that will. These commissions did not diminish the estate of Abraham Jones, for it was retained from the amount of the legacies, and reduced them by that amount.. He now claims two and a half per centum commissions on the same sum, as a debt due by the estate of Seal orn Augustus Jones, to the estate of Abraham Jones. Was it a debt, or was the amount a trust fund in the hands of S. A. Jones, to be held under the will of which he was executor, to be paid out whenever the persons to whom it belonged had a right to demand its payment? If the former the plaintiff in error is entitled to the commissions; if the latter he is not. If Seaborn Augustus Jones admitted the trust, and did not claim the fund as his own, in hostility to the legatees under the will of Abraham Jones, or refused to pay when he ought to have paid, he was not an individual debtor, nor a trustee guilty of a breach of trust. He was not a debtor at the time of his death to the estate of Abraham Jones, according to this record. It does not so appear in the record. *It seems that there were reliable data from which a regular statement of the amount due the legatees under Abraham Jones’ will, from funds in the hands of •his executor S. A. Jones, could be made up, and that it was made up, and the amount was paid directly to the legatees. It does not appear in the record what these data were. If Seaborn Augustus Jones made regular returns to the Ordt
His executorship of Abraham Jones’ will, was but a continuation of the executorship of his immediate testator, and all disbursements made bv him on account of that estate went to the credit of the executorship of Seaborn A. Jones, But the plaintiff in error claims that he is entitled to commissions, from Seaborn Augustus Jones’ assets, because the money and notes of the estates were so mingled together that he could not distinguish them, and on that account he returned them all as the properly of Seaborn Augustus Jones, and that the amount due to the legatees of Abraham Jones, became a debt from the estate of S. A. Jones to that of Abraham Jones. That does not necessarily follow, but conceding it, then the plaintiff in error, to entitle himself to commissions, must have paid that debt, and charged himself as executor of Abraham Jones, with the amount. He did not do that, or, if he did, it does not appear in the record. The jrayment of the legatees was direct to them from assets found, in the possession of Seaborn Augustus Jones, and it enured as a credit, to the benefit of the estate of Seaborn Augustus
If an executor charge himself with money and assets, in his returns, and he die in possession of money and assets, the money and assets must be presumed to be the money and assets of the estate of which he was executor, to the extent to which he has charged himself.
If the plaintiff in error felt hound to embrace in his inventory and schedule all the money and notes found in the possession of Seaborn Augustus Jones at the time of his death, as the money and notes of the said Seaborn Augustus Jones, it was unquestionably a good discharge to pay to the legatees under Abraham Jones’ will, money and notes, to the extent to which his testator had charged himself as executor of that estate.
If that be so, there was no necessity for considering the amount as a debt due to the estate of Abraham Jones. It might, with much propriety 'be considered, as a debt due to the cestui que trusts.
The judgment of the Court below must be affirmed.
Judgment affirmed.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.