Legal Opinion
Security Trust Co. v. Bulcroft
Court of Chancery of Delaware
Decided June 26, 1936PublishedCited by 4 opinions
1Opinion of the Court
The Chancellor:
A line of decisions in this State firmly settles the rule that real estate carried in a general residuary gift of all that rémains, or what is left, or the rest and residue, after debts and legacies have been paid, is chargeable with pecuniary legacies in case the personal estate is insufficient for the purpose, to the extent of the insufficiency. Hilford v. Way, 1 Del. Ch. 342; Rambo v. Rumer, 4 Del. Ch. 9; Getchell v. Rust, 8 Del. Ch. 284, 291, 68 A. 404; Ferris v. Ferris, 11 Del. Ch. 171, 98 A. 215; Rice v. Rice, et al., 12 Del. Ch. 245, 111 A. 439; Walters v. Young, et al.,…
2Cases cited13 opinions
- Briggs v. . CarrollNew York Court of Appeals · 1889
- Rambo v. RumerCourt of Chancery of Delaware · 1866
- Equitable Trust Co. v. KentCourt of Chancery of Delaware · 1917
- Hilford v. WayCourt of Chancery of Delaware · 1830
- Equitable Guarantee & Trust Co. v. McCurdyCourt of Chancery of Delaware · 1916
8 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Security Trust Co. v. CoolingCourt of Chancery of Delaware · 1945
- Davidson v. Wilmington Trust Co.Court of Chancery of Delaware · 1938
- Union National Bank v. WilsonCourt of Chancery of Delaware · 1942
- James v. Equitable Security Trust Co.Court of Chancery of Delaware · 1955