Dahlgren v. National Sayings & Trust Co.
Dahlgren v. National Sayings & Trust Co.
Opinion of the Court
delivered the opinion of the Court:
See. 96 of the Code [31 Stat. at Tj. 1204, chap. 854] is as follows: “When any person shall die leaving any real estate in possession, remainder, or reversion, and not leaving personal estate sufficient to pay his debts, the said court, on any suit instituted by any of his creditors, may decree that all the real estate left by such person, or so much thereof as may be necessary, shall be sold to pay his debts.” A like statute was construed by the court of appeals of Alaryland,' and it was there held that the real estate of the debtor is protected, unless the personal assets are insufficient; and that, to authorize the
Reference
- Full Case Name
- DAHLGREN v. NATIONAL SAYINGS & TRUST COMPANY
- Status
- Published
- Syllabus
- Executors and Administrators; Decedent’s Debts; Liabiutt of Bead Estate; Extension of Time. 3. A bill in equity to enforce a debt against a decedent’s real estate, which discloses that he left personal assets, is insufficient, where by statute the personal assets are made primarily liable for debts. (Following Glenn v. Sothoron, 4 App. D. C. 125.) 2. The unenforceability of a promissory note against the real estate of a decedent who left sufficient personal assets to pay it is not affected by the fact that, two years after the maker’s death, his universal legatee and devisee, in her individual capacity, procured an extension of the time for payment, and thereafter other extensions, during the period covered by which the personal assets were dissipated, where it also appears that the note was secured by deed of trust on real estate, and that the holder was satisfied with the security, and elected to resort to that rather than terminate the loan and resort to such other legal remedies as lie might have.