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Reports of Cases in the High Court of Chancery of Maryland 1846-1854
Volume 200, Volume 4, Page 497   View pdf image (33K)
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WAYMAN VS. STOCKETT. 497
the petition of the complainant, Shipley, for that purpose, passed
the following order:
"The petition of Larkin Shipley, filed on the 10th instant,
standing for hearing on this day, and no cause having been shown
to the contrary, according to the order passed on the said 10th
instant, it is ordered that the said mortgages in the said petition
mentioned, be forthwith closed, and that the said Larkin Ship-
ley have leave to cause a suit or suits to be instituted for that
purpose in the names of the said trustees, in such manner as
may be most proper, necessary, and beneficial to him, and it is
further ordered, that the said trustees proceed forthwith to in-
vest the moneys now in court, so far as the same may be princi-
pal, in the public stock of the corporation of the city of Bal-
timore, the said stock to stand in their names, as trustees, but
in such a manner that the said Larkin Shipley may, during his
life, receive the interest or dividends thereon directly from the
proper officer of the said corporation, without his having in any
manner the control of the said stock, provided it can be so en-
tered on the books of the said corporation, and if the entry cannot
be so made, the said trustees are hereby directed to leave with
the proper officer a general authority for the said Larkin to re-
ceive the said dividends or interest during his life, and the said
trustees shall bring into this court the certificates of the said
stock, there to remain until further order."
An original bill was then filed by Shipley and Wayman
against Stockett, for the foreclosure of the mortgage executed
by him to the testator, Larkin Shipley, deceased. Previous,
however, to action on this bill, the Chancellor, (Johnson,)
on the 27th of July, 1847, delivered the following opinion upon
exceptions filed by Stockett to the Auditor's report, of the
8th of July, 1847.]
THE CHANCELLOR:
In this case, exceptions having been filed to the report of the
Auditor of the 8th of July last, by Richard G. Stockett, and
the same having been argued by the counsel of the parties, they
have received due consideration from the Chancellor. Those

 
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Reports of Cases in the High Court of Chancery of Maryland 1846-1854
Volume 200, Volume 4, Page 497   View pdf image (33K)
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