Sutherland Estate, Re, (1997) 160 N.S.R.(2d) 49 (ProbCt)
Judge | MacLellan, J. |
Court | Probate Court of Nova Scotia (Canada) |
Case Date | March 03, 1997 |
Jurisdiction | Nova Scotia |
Citations | (1997), 160 N.S.R.(2d) 49 (ProbCt) |
Sutherland Estate, Re (1997), 160 N.S.R.(2d) 49 (ProbCt);
473 A.P.R. 49
MLB headnote and full text
Temp. Cite: [1997] N.S.R.(2d) TBEd. MR.048
In the Estate of James Robert Henry (Harry) Sutherland, deceased
(Estate No. 17,886)
Indexed As: Sutherland Estate, Re
Nova Scotia Probate Court
MacLellan, J.
March 3, 1997.
Summary:
The beneficiaries under Harry Sutherland's will applied for the interpretation of a clause in the will respecting the payment of a shareholder's loan.
The Nova Scotia Probate Court interpreted the clause.
Wills - Topic 7277
Construction - Quantity of interest taken - Personal property - Intention - General - Shareholder's loan - A marriage contract between Harry Sutherland and his wife Catherine provided that Harry pay Catherine 50% of a shareholder loan payable to him - The contract indicated that the exact amount was to be 50% of the loan amount outstanding as of December 31, 1983 - In 1990, Harry made a will directing that Catherine receive the amount provided in the marriage contract - Harry died in 1993 - The executor determined the balance of the loan owing as of December 31, 1983 at $445,405.06 and paid Catherine 50%, i.e. $222,702.53 - Other beneficiaries under the will argued that the loan had been reduced between 1983 and 1993, hence reduction of the amount payable to Catherine - The Nova Scotia Probate Court ascertained Harry's intention and agreed with the executor.
Counsel:
Milton J. Veniot, Q.C., for the Executor, David Wallace;
John Langley, Q.C., for Elliott Paus-Jenssen;
Roberta Clarke, for Catherine Sutherland;
Philip J. Rafuse, for Robert H. Sutherland.
This application was heard on December 17, 1996, by MacLellan, J., of the Nova Scotia Probate Court.
MacLellan, J., delivered the following decision on March 3, 1997.
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