Biles's Appeal
Supreme Court of Pennsylvania
Appeal from the decree of the Orphans’ Court of Bucks county, by the executors of the will of Obadiah Willett, deceased, confirming the report of an auditor upon their accounts. Their account, as executors, was submitted to the Orphans’ Court on November 8, 1848, and was referred to an auditor, who reported a balance against them of $827.80f.
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Appeal from the decree of the Orphans’ Court of Bucks county, by the executors of the will of Obadiah Willett, deceased, confirming the report of an auditor upon their accounts. Their account, as executors, was submitted to the Orphans’ Court on November 8, 1848, and was referred to an auditor, who reported a balance against them of $827.80f. The report was confirmed September 17, 1849. Subsequently, viz. on August 1, 1858, another account of the executors was filed, in which they charged themselves, with the former balance, but without interest. Exception was filed to the omission of…
1Opinion of the Court
The opinion of the Court was delivered by
BlacK, J.
The executors of Obadiah Willot, deceased, filed an account, which was confirmed in 1849, with a balance against the accountants.
• Another account was filed in 1854, and the Orphans’ Court decided that they must pay interest on the sum which the first account showed to be in their hands. Executors and administrators are generally bound to pay interest on the money which they keep for a considerable time after the expiration of one year from the decedent’s death. This is particularly true of a balance on a partial account, which is retained in…
2Cited by7 opinions
- In Re Estate of PitoneSupreme Court of Pennsylvania · 1980
- Lare EstateSupreme Court of Pennsylvania · 1969
- Meyer EstateSuperior Court of Pennsylvania · 1953
- Judge v. Pincus, Verlin, Hahn & Reich, P.C. (In Re J & J Record Distributing Corp.)United States Bankruptcy Court, E.D. Pennsylvania · 1987
- Lare EstatePennsylvania Orphans' Court, Allegheny County · 1967
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