Sowarsby and Others v Lacy

JurisdictionEngland & Wales
Judgment Date17 March 1819
Date17 March 1819
CourtHigh Court of Chancery

English Reports Citation: 56 E.R. 660

COURT OF THE VICE-CHANCELLOR OF ENGLAND

Sowarsby and Others
and
Lacy

[142] sowarsby and others v. lacy. March 17, 1819. On demurrer, held that a power given to trustees to sell lands, and divide the profits amongst ceshd que trusts, who were infants, enables the trustees alone to give effectual receipts to a purchaser. John Sowaraby, by his will, devised certain land unto his children, " the same to be sold when the executors and trustees of this my last will shall see proper to dispose of it; and the money arising out of the said lands and tenements to be equally and severally divided among my above-named children." The lands were sold by auction, and one Richardson, the agent of the Defendant Lacy, for whom the purchase was made, was declared the highest bidder, at £2810, and signed an agreement for the purchase. The purchaser objected that the Plaintiffs, the trustees and executors, had no power under the will to sell; that they could not give sufficient receipts for the purchase-money, or at least for such parts of the purchased estate as would belong to the infant children of the testator. In consequence of these objections, the bill was filed against the Defendant for a specific performance of the agreement, to which bill there was a general demurrer for want of equity. Mr. Agar and Mr. Sugden, for the Defendant, cited Balfour v. Wdland (16 Ves. 151); TVarniford v. Thompson...

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