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Scottish Court of Session Decisions |
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You are here: BAILII >> Databases >> Scottish Court of Session Decisions >> Youngs, Petitioners. v [1906] ScotLR 43_648 (28 August 1906) URL: http://www.bailii.org/scot/cases/ScotCS/1906/43SLR0648.html Cite as: [1906] ScotLR 43_648, [1906] SLR 43_648 |
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Page: 648↓
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Circumstances in which a petition for the appointment of a judicial factor on an intestate estate, with special power to sell a heritable property included in the said estate, having been presented, the Court granted the special power craved, although the Accountant of Court, to whom a remit had been made, had reported against the special power being granted.
This was a petition presented by Mrs Jeanie Cunninghame M'Bride or Young, residing at Garail, Dunoon, and Alexander Young, residing at Cessford, Troon, for the appointment of a judicial factor on the estate of the deceased John Reid Young, who had died intestate. The petitioners were the widow and the eldest son and heir-at-law of the deceased.
The petition, inter alia, sought power for the factor to complete a title to and to sell a villa known as Garail, situated at Dunoon.
It was stated in the petition that the widow was desirous of leaving Dunoon in order to provide suitable education for her children, that it would probably be difficult, and certainly not remunerative, to let Garail for a term of years unfurnished, that the property was only suitable for residential purposes during the summer months, and that it would be impossible to let for a summer tenancy unless the furniture were to remain in the house, and that even if a satisfactory rent were received for the summer months a considerable amount would be involved in the upkeep. It was also stated that it was the intention of the deceased prior to his death to sell Garail during 1905.
The Lord Ordinary having remitted to the Accountant of Court to consider and report with reference to the power of sale craved, the Accountant inter alia reported as follows—“The gross annual income of the estate may be stated at from £750 to £850, divisible one-third to the widow, and two-thirds to children. That as stated the present assessed rent of Garail is £85, but the valued rent is £110, from which deduct a liberal estimate to meet feu-duty, taxes, and repairs, &c., £59, leaving £51, which is 4J per cent. on £1200, the proposed upset price, a higher rate than can be obtained from investment in trust securities. In these circumstances the Accountant cannot report in favour of a sale as craved, there being neither necessity nor high expediency. See case of Gilligan, May 14,1898, 25 R. 876, 35 S.L.R. 690.”
Page: 649↓
The following interlocutor was accordingly pronounced:—“The Lord Ordinary officiating on the Bills having resumed consideration of the petition and proceedings with the report by the Accountant of Court and heard counsel for the petitioner thereon, authorises and empowers the judicial factor, James Watson Stewart, to sell the property of Garail, Dunoon, described in the first place in the prayer of the petition, by public roup, after due advertisement, at the upset price of £1200, and if not sold at or above said upset price to re-expose the same at such reduced upset price as may be fixed by the Accountant, and on a sale and payment of the price to grant a disposition thereof, containing the usual and necessary clauses, and to grant all other deeds requisite and necessary for rendering such sale effectual, and decerns: Finds the petitioners entitled to the expenses of this application and all procedure following thereon; allows an account of said expenses to be given into process.”
Counsel for the Petitioners—J. G. Jameson. Agent— T. J. Martin, W.S.