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Equity-Financial Liability To Comply With A Decree-Imprisonment For Debt, Paul M.D. Harrison

Michigan Law Review

Testator provided that a charge amounting to $16,000 was to be made on certain devised land and that a $5,000 legacy was to be paid to plaintiff educational institution from this sum. Defendant executors reported to the court, in 1921, that the charge had been collected and that the $5,000 legacy for plaintiff had been received. The court ordered them to hold the money in trust until plaintiff might qualify to take it. Actually, as shown by the executor's final report of 1941, no part of the $5,000 had been collected and all the money in the estate had been …