Majority
Headnote
Administbatob of Estate—Sale of Decedent’s Land.The question upon which the disposition of this matter depends is whether or not the will of the decedent contains an imperative power of sale. By his will, of date November 10, 1888, he directed that his debts and funeral expenses be paid out of his estate by the executor as soon as practicable after his decease. He gave the residue of his estate, real and personal, to his wife. He then added the clause:
“Lastly, I hereby authorize and empower my said executor, for any purpose that he in his best judgment may think proper, to grant, bargain, sell, and convey all or any part of any of all lands and real estate owned by me, or to which I may be entitled, or in which I may have any interest at the time of my decease, and to apply the proceeds of such sales in conformity to the provisions of this, my last will and testament.”
He died in July, 1895. His will was admitted to probate, and letters testamentary were issued to the executor. As it does not appear what his debts were at the time the will was made, or what the condition of his estate then was, the question presented is dependent solely upon the purpose of the testator, as represented by the provisions of his will. He imposed upon the executor the duty to pay his debts,-without making them a charge upon his real estate. He also gave him a power of sale of the real property, with direction to apply the proceeds in such manner as the execution of the other provisions of the will required. Included in those provisions is the direction to pay his debts, for the payment of which, it seems, he left insufficient personal estate. In fact, it appears that he left but very little personal estate. This was a general power, within the meaning of the statute (1 Rev. St. p. 732, § 77), and was in trust. Such a power, “unless its execution or nonexecution is made expressly to depend on the will of the grantee, is imperative, and imposes a duty on the grantee, the performance of which may be compelled in equity, for the benefit of the parties interested.” Id. p. 734, § 96. Ordinarily, such will be deemed the nature of a power of sale in a will when the execution of directions contained in its other provisions requires the application of the proceeds of the sale of the real property to such purposes. In re Gantert, 136 N. Y. 106 , 32 N. E. 551 . There would be no difficulty in giving such effect to the power of sale in the will under consideration if the words “for any purpose that he, in his best judgment, may think proper,” had been omitted. They indicate that the tes
The order appealed from should be affirmed. All concur.
Cases cited
- In re Gantert 136 N. Y. 106 p. 54
- In re Murphy 144 N. Y. 557 p. 55