First N. Bank v. Herr

Citations

• 127 Pa. 214
• 17 A. 896
• 1889 Pa. LEXIS 1103

Syllabus

<p>1. Where land is devised at a valuation or price to be paid by the devisee, the money payable becomes a charge on the land in the hands of the devisee accepting the devise, with a lien which is superior to the lien of judgments subsequently entered against the devisee.</p> <p>2. Releases executed by trustees of the person entitled to the valuation money, acknowledging payment thereof, though duly recorded prior to the entry of judgments against the devisee, do not relieve the land from the charge, if the evidence show that the money was not in fact paid and that the releases were without consideration.</p>