Walthour's Adm'rs v. Walthour's Adm'rs

The facts of the case fully appear in the opinion of the court, delivered December 15, 1853, by

Knox, J.

— Where an executor or administrator has money in his hands belonging to a disti’ibutee, whose residence is known, it is the duty of the executor to give notice of his readiness to pay the money, and hold it subject to the owner’s demand.

If the residence of the distributee is unknown, and cannot be ascertained upon reasonable inquiry, the fund may be retained in the hands of the executor for any period not exceeding one year, and should then be invested.

In the present case, the residence of…