First Security Trust Co. v. Lentz

Supreme Court of North Carolina
First Security Trust Co. v. Lentz, 145 S.E. 780 (N.C. 1928)
196 N.C. 407; 1928 N.C. LEXIS 391
Stacy

First Security Trust Co. v. Lentz

Opinion of the Court

Stacy, 0. J.

This is a companion case to another case between the same parties, just decided, and is controlled by what was said in that ease.

The rule respecting the order of affecting assets, or the priority of their application under the provisions of the will as announced in the first case, seems not to have been followed in the court below, hence the present proceedings will be remanded for further action, not inconsistent with the opinion rendered in the other case.

The executor is entitled to proceed in the most expeditious and judicious manner for the settlement of the estate, observing, of course, the order of affecting assets, or the priority of their application, hut it is not required to await the adjustment of ratable contribution among those standing on a parity in this respect.

Error and remanded.

Reference

Full Case Name
FIRST SECURITY TRUST COMPANY, Executor of the Will of J. A. LENTZ, Deceased, v. MRS. BLANCHE F. LENTZ, MRS. WINNIE LEE KEEVER and Her Husband, CLARENCE KEEVER, E. W. LENTZ and Wife, BLOSSOM LENTZ, FRANK A. LENTZ and Wife, ANNIE LENTZ, FRANCES E. LENTZ, JOHN A. LENTZ, Jr., and BLANCHE LENTZ, the Last Two Being Minors and Represented by Their Guardian, MRS. BLANCHE F. LENTZ
Status
Published