Weinstein v. Boyd

110 A. 506, 136 Md. 227, 1920 Md. LEXIS 57
CourtCourt of Appeals of Maryland
DecidedMarch 16, 1920
StatusPublished
Cited by15 cases

This text of 110 A. 506 (Weinstein v. Boyd) is published on Counsel Stack Legal Research, covering Court of Appeals of Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Weinstein v. Boyd, 110 A. 506, 136 Md. 227, 1920 Md. LEXIS 57 (Md. 1920).

Opinion

Adkins, J.,

delivered the opinion of the Court.

Mrs. Sarah E. Boyd, by her will dated April, 1904, appointed her son, J. Cookman Boyd, executor, and authorized and empowered said executor

“without the permission, aid or intervention of any court whatsoever, to sell, mortgage, or otherwise dispose of any of my property aforesaid, and to invest the proceeds from the sale of same, as to him shall seem right and proper for the best interest of my estate.”

The will could not be found after the death of Mrs. Boyd, who died on April 19th, 1917, but about two years later a copy thereof was admitted to probate by the Orphans’ Court of Baltimore City. After1 sundry specific bequests all the rest and residue of testatrix’s estate was given to J. Cookman Boyd in trust to collect and pay the income to her daughters, Lida B. Benedict and Anna B. Boyd, for life, and on the death of either of them to pay the whole income to the survivor for life; after the death of the survivor the estate to become the property of her sons, Henry E. Boyd and J. Cookman Boyd, absolutely. Included in the inventory of said estate is a leasehold lot of ground in the City of Baltimore at the corner of Collington Avenue and Lombard Street, subject to a ground rent of fifty-six dollars, and appraised at $2,200.

*229 On April 9th, 1919, prior to the probate of the will, J. Cookman Boyd “individually and as agent-for” his brothers and sisters undertook to sell to the appellant said leasehold lot of ground, and in such capacity signed with appellant the following agreement:

“J, Cookman Boyd, individually and as agent for Henry E. Boyd, Marion M. Boyd, Lida B. Benedict and Anna B. Davy, being all the children, heirs at law and distributees of the estate of Sarah E. Boyd, do hereby bargain and sell unto Nathaniel S. Weinstein the property situate at the N. W. Cor. of Collington Avenue and Lombard Street, subject to the ground rent of fifty-six dollars ($56.00) at and for the sum of twenty-four hundred dollars ($2,400.00), of which sum two hundred dollars ($200.00) has been paid on account.
“And the said Nathaniel S. Weinstein hereby purchases from the said J. Cookman Boyd, individually and as agent aforesaid, the said property at and for the sum of twenty-four hundred dollars ($2,400.00).
“And it is agreed and understood, that the said sale is to be consummated within forty-five days from the date hereof, except that if by reason of the absence from the city of Marion M. Boyd it be impossible to obtain his signature to said deed within said forty-five days, then the purchase price of said property shall be deposited in escrow in the National Bank of Baltimore, awaiting the signature of the said Marion M. Boyd, and the said Nathaniel S. Weinstein shall be permitted to take possession of said property as fully and to all intents as though said deed were executed.
“All expenses to be adjusted to day of transfer within said forty-five days, or at and to the time of handing over the custody and control of said property.
“As witness the signatures of the parties hereto this ninth day of April, 1919.
“(Signed) J. Cookman Boyd,
“Individually and as Agent Aforesaid.
“(Signed) Nathaniel S. Weinstein.
“Test: Emil Budnitz.”

*230 Subsequently, as alleged in his petition hereinafter referred to, in examining the title appellant discovered that no administration had been granted on Mrs. Boyd’s estate, and called Boyd’s attention to the fact, whereupon he, on May 10th, 1919, filed a copy of the will, which was on May 26th admitted to probate. On June 16th, 1919, an inventory of the estate was filed, and on the same day a report of sale by the executor and consent to immediate ratification were filed, and the sale finally ratified by the Court. On July 10th, 1919, appellant filed a petition setting out the above facts, reciting the residuary clause in the will, and the clause appointing the executor and empowering him to sell the property ; and calling attention to the fact that there was no written consent and agreement of the parties in interest filed in Court to the immediate ratification of the sale, except that of the purchaser; and alleging that the order of immediate ratification was improperly and improvidently passed by the Court, and consequently the title was not good and merchantable. The prayer of the petition is that the executor be required to immediately procure the written consent and agreement of the parties in interest to the ratification of sale or to cause an order nisi to be published as required by law and upon failure to do so that he be removed. In his answer the executor says he filed the report of sale at the request of the petitioner; that it is now impossible for him to procure the written agreement and consent of the parties in interest; and that the said parties refuse to consent to1 the ratification of said sale. On September 11th, 1919, the Court rescinded its order of ratification passed on June 16th.

On September 15th the executor filed a petition alleging that the report of sale1 was filed by him in pursuance of the agreement of April 9th, 1919, entered into by him individually and as agent of the distributees of the estate of Sarah E. Boyd, and under the belief that the same would meet with the approval of the said distributees; that the pro *231 vision in said agreement for the payment of the purchase money in forty-five days was not complied with; that petitioner, prior to the time of the signing of said agreement and prior to the agreement of sale itself, had received a higher offer for said property and so informed appellant; that he having agreed to give appellant a certain time in which to buy the same he felt morally bound to adhere thereto^ and refused said higher offer; that after the expiration of the time limited in said agreement of sale petitioner was. prevailed upon to agree to the sale of said property to appellant for $2,400.00 and the additional consideration of the sum of $23.00 per month as rent for said property, accounting from April 9th, 1919, until the final payment of the purchase money, although the same was not contained in the report of sale because of the impossibility of determining at tbat time what said monthly payments would amount to; that other offers for said property for a considerably larger amount were received by petitioner, none of which was accepted by Mm, because of his desire to play fair with appellant, but that the distributees of the estate, who were not parties to said agree1ment, insist that petitioner had no legal right to agree to sell said property for a, less sum than he knew same to he worth, nor for less money than he could receive for the same; that he had no express authority, directly or indirectly, to enter into an agreement binding upon said distributees and that they have refused to ratify his action in attempting to sell said property, either individually or as executor. The prayer is for permission to withdraw the report of sale. To this petition appellant demurred. The Court sustained the demurrer and ordered the usual nisi

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Bluebook (online)
110 A. 506, 136 Md. 227, 1920 Md. LEXIS 57, Counsel Stack Legal Research, https://law.counselstack.com/opinion/weinstein-v-boyd-md-1920.