Opinion · Supreme Court of North Carolina

Holland v. . Peck

37 N.C. 255

Type
Opinion
Court
Supreme Court of North Carolina
Jurisdiction
North Carolina
Date
1842-06-05
Topic
general

Gaston, J. The testator has directed that, upon the death of his wife,' his executors shall sell the bank stock into which he had in a former part of the will directed a portion of his estate to be converted, and “pay over and deliver the money arising from the sale for the benefit of the Methodist Episcopal Church,- in America, tvhereof Francis Asbury is afipresent” (was at the date of the will) :! the presiding bishop, this sum to be disposed of by the conference or the different members composing the same, as they shall, in their godly wisdom, judge will be most expedient or beneficial for the increase and prosperity of the gospel.’” If this bequest of the proceeds of the stock is to be considered made to the body therein described, for their own benefit, as the former part of the clause would seem to declare, it is not to be questioned but that the bequest must fail for want of capacity in the legatees to take and enjoy what is so given. The Methodist Episcopal Church, in America, comprise a great multitude of individuals, of whom some are hourly passing out of existence and others coming into being, and, as an aggregate body, is incompetent to hold.property of any kind, unless, by virtue of some charter or act of incorporation, it be invested with that privilege as an artificial person. But it is manifest from the subsequent part of the clause that the bequest was made to this body ás a *258 mere instrument for carrying into effect an ulterior and ^o^er purpose of the te…

Citator

UpLaw has not yet analyzed Holland v. . Peck. The absence of a flag is not a finding that it is good law.

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