Delaney v. McGuire

14 N.Y.S. 809, 67 N.Y. Sup. Ct. 93, 37 N.Y. St. Rep. 717, 60 Hun 93, 1891 N.Y. Misc. LEXIS 2512
New York Supreme Court·Decided April 17, 1891·Published·Cited by 1 cases

Opinion

Van Brunt, P. J.

This proceeding was to ascertain the priorities of lien upon certain surplus moneys arising from the sale under foreclosure of a house and lot Eo. 125, East Seventy-Third street, in the city of Éew York, which was owned by one Margaret B. Duffy at the time of her death. The said Margaret died on the 14th day of March, 1882, leaving a last will and testament, which was duly proved before the surrogate of the county of Eew York, and letters testamentary issued thereon to one James Boyle, the father of the testatrix; In September, 1883, the said Boyle died, and thereafter, on February, 1884, letters of administration with the will annexed were duly issued to one Thomas Smythe, the brother-in-law of the testatrix. At the time of these proceedings the respondent, Annie A. McGuire, and Jane Smyth and James Smyth, infants, were the only heirs at law and next of kin of the testatrix, and said infants claim a share in said surplus moneys, the whole balance of which has been by the order appealed from awarded to the said Annie A. McGuire. The claims above mentioned arise under the said will of Margaret B. Duffy, which is, so far as it affects this controversy, as follows: “First. That I hereby direct my executor hereinafter named to pay all my [810] just debts, funeral expenses, and testamentary charges as soon after my decease as the same can be done. Second. I hereby give, devise, and bequeath unto James Boyle, as trustee of my niece Annie McGuire, my house and lot jf land situated on the northerly side Seventy-Third street, between Lexington and Fourth avenues, and now known by the street number one hundred and twenty-five East Seventy-Third street, in the city of Sew York, to use the income thereof during the minority of my said niece, to pay the interest on the mortgage now on said property, and the taxes, insurance, water-rents, and repairs necessary on said premises, and, after paying said charges, to use the balance, if any there should be, for the support, maintenance, and education of my said niece; but, in case my said niece should die before the age of twenty-one years, without lawful issue, and should not at the time of her death have lawful issue, then 1 give the said house and lot to my lawful heirs. I hereby authorize and empower the aforesaid trustee of my said niece to sell and convey, by good and lawful deed, the house and lot, if, in his judgment, it will be for the best interest of my said niece, at any time, for all cash, or part cash and part mortgage. And I hereby authorize and empower him to mortgage or lease the said house and lot as such trustee, if needful or necessary, in his judgment, at any time. If the said trustee should exercise the power of sale contained herein as to the said house and lot, the same may be at public auction or private sale. Third. I hereby authorize, empower, and direct my executor hereinafter named to sell and convey, by good and lawful deed or deeds, all the rest, residue, and remainder of my real estate at public or private sale, as soon after my death as the same can be done, for cash or part cash, and part on bond and mortgage may remain as shall be agreed upon, the same to remain at lawful interest; and the proceeds of the sale of such real estate shall be invested by my executor on good real estate in the city of Mew York, and the income thereof used for the support of my father, and the support, maintenance, and education of my niece Jane Smyth, and nephew James Smyth, and my niece Annie McGuire; and my executor hereinafter named is hereby appointed trustee to receive and disburse the said income and invest the said principal. ”

Free access — add to your briefcase to read the full text and ask questions with AI

Delaney v. McGuire, 14 N.Y.S. 809, 67 N.Y. Sup. Ct. 93, 37 N.Y. St. Rep. 717, 60 Hun 93, 1891 N.Y. Misc. LEXIS 2512 (N.Y. Super. Ct. 1891).

14 N.Y.S. 809 (Delaney v. McGuire) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Kimball v. Chappel
18 N.Y.S. 30 (New York Supreme Court, 1891)