Court Opinion

ID: 9454387
Source: CourtListenerOpinion
Date Created: 2023-08-04 18:45:06.762028+00
Date Added: 2024-06-11T17:34:05.938011
License: Public Domain

On Petition for Rehearing
PER CURIAM:
In their petition for rehearing, in which plaintiffs suggest a rehearing en banc, plaintiffs properly call to our attention the twice-repeated misstatement that decedent was the sole owner of the Flinkote stock at the date of her death. The fact is that she was joint owner with her daughters after having initially acquired the predecessor stock purportedly as sole absolute owner. We have corrected the factual recitations of our previous opinion in this regard, but the factual difference indicates no difference in result. Whether as sole owner or joint owner, the significant fact is that decedent was never described as merely a life tenant and her actions, after initial acquisition of the stock, were inconsistent with her having the limited estate that plaintiffs assert.
The legal arguments advanced in the petition for rehearing are substantially those advanced in the initial appeal. We notice only one. Much stress is placed upon Gavin, Trustee v. Carling, 55 Md. 530 (1880), which, it is argued, established the rule in Maryland that a probate court has no power to authorize an executrix to purchase property from the estate she is administering. Even if an executor’s purchase is voidable, the short answer is that no Maryland case has ever declared such a sale invalid if, as here, not complained of for almost forty years.
The petition for rehearing is Denied.