In re the Estate of Millenovich
In re the Estate of Millenovich
Opinion of the Court
By the Court,
Marco Medin, the executor of the estate of Millenovich, appeals to this Court from that part of the decree disallowing certain items charged in his final account as interest paid on money borrowed for the estate.
In our opinion, the decree in this particular is correct. The statute no where confers upon an executor or administrator the authority to borrow money for the use of the estate represented by him. No order of Court directing him, to do so was produced in this case, nor was there any showing or offer to show that the necessities of the estate required anything of the kind. Were either shown, there might be some show of right upon the side of the appellant; but in the absence of both we must conclude that the borrowing of the money was without authority, and that the estate
Reference
- Full Case Name
- IN THE MATTER OF THE ESTATE OF MARCO MILLENOVICH, Deceased.—No. 2—Executor
- Cited By
- 1 case
- Status
- Published