Robinson v. Tower

145 N.W. 348, 95 Neb. 198, 1914 Neb. LEXIS 185
Nebraska Supreme Court·Decided January 30, 1914·No. No. 17,408·Published·Cited by 3 cases

Opinion

Fawcett, J.

This action was brought in the district court for Sarpy county, against the defendant, Nellie S. R. Tower, and the sureties on her bond as executrix of the last will of William Robinson, deceased, who in Ms lifetime was executor of the last will of one Ann Maria Dunham, of Essex county, New Jersey, deceased, and trustee of the trusts created in the will of said Ann Maria Dunham, to recover the sum of $1,964.57, which it is alleged was collected by the said William Robinson as trustee in his lifetime and converted by him. From a judgment of the district court finding in favor of the defendants and dismissing plaintiff’s action, plaintiff appeals.

Mrs. Dunham died October 28, 1893. Mr. Robinson qualified as executor of her last will and' as trustee of the trusts therein provided, and continued to act in that capacity until his death, August 23, 1995. No complaint is made as to the manner in which Mr. Robinson executed his trust during the nearly 12 years that he acted as trustee. On the contrary, the evidence would indicate that he had executed it faithfully and well. After his death there was found among his papers a statement signed by Mm entitled “Present Estate.” This statement listed four mortgages held by Mm, aggregating $6,538, a certificate of deposit in the United States National Bank, $1,699, and “Balance held as my interest in estate $1,964.57,” making a total of $9,292.57. ' After giving the above figures, the statement recited: “The above ‘Present Estate’ is subject to the payment of the amounts to be paid the annuitants, for relinquishment of their claims, the compensation to be paid executor and the costs to be made in surrogate court. My interest in the estate is for compensation due me as executor and trustee and as assignee and heir of two residuary legatees.” The four mortgages and the certificate of deposit in the United States National Bank were all in proper form, and payable to Mr. Robinson in his official capacity as trustee. The last item, $1,964.57, covered moneys which Mr. Rob[200] inson had collected as trustee, but which he had withdrawn from the assets of the trust estate under a claim that a portion of it was due to him for compensation as executor and trustee, and the other portion as assignee and heir of two residuary legatees. This item represents the money sought to be recovered in this action. The record shows that the only compensation which Mr. Robinson had received during his many years’ service as trustee was an allowance which had been made to him by the New Jersey surrogate court in 1897, which would be about four years after his appointment as trustee ; so that at the time of making the statement just prior to his death he had received no compensation for the last seven years or more of his service. While this fact is perhaps not very material, we speak of it as a moral justification on the part of Mr. Robinson in withholding what he thought was justly due him. His legal duty, of course, was to obtain from the surrogate court an allowance for his services, which amount he could have deducted from the money on hand. So far as anything was due him as assignee or heir of any of the residuary legatees of Mrs. Dunham, he would have been obliged to wait until the amount was ascertained and ordered paid. His withholding from the funds of the trust estate the sum in controversy was, therefore, as found by the district court, a conversion, for which there was an election of two remedies in behalf of the Dunham estate.

Counsel for plaintiff in his brief says: “Upon the facts disclosed, and the law of our state applicable thereto, the plaintiff had, before the death of Robinson, an election of remedies to enforce his claim to the money in dispute. He could either bring a suit in equity to impound the money while in the bank’s possession, and have it declaréd trust money, or he could have sued Robinson for a conversion of the funds.” He further says : “It is equally clear, as will now be shown that, after the funds were received by Mrs. Tower, as executrix of Robinson, the same remedies were available in behalf of the Dun-ham estate.”' In these unqualified statements we concur, [201] but we are unable to agree with counsel’s next statement: “While the fund was still in the bank, it could have been reached by a suit in equity between the proper parties, and impressed with the trust to the extent of the $1,064.57.” It was immaterial whether the fund was still in the bank or in the hands of Mrs. Tower as executrix. Until the money passed out of her hands as executrix, under the order of distribution entered by the county court, it was as much subject to being impounded and declared trust money as while it was in the bank.

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

Robinson v. Tower, 145 N.W. 348, 95 Neb. 198, 1914 Neb. LEXIS 185 (Neb. 1914).

145 N.W. 348 (Robinson v. Tower) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

De Witt v. Sampson
64 N.W.2d 352 (Nebraska Supreme Court, 1954)
Esslinger v. Spragins
183 So. 401 (Supreme Court of Alabama, 1938)
First Trust Co. v. Exchange Bank
254 N.W. 569 (Nebraska Supreme Court, 1934)