Page:United States Statutes at Large Volume 47 Part 1.djvu/1064

 1040 Notice to absconding SEC. 769. NOTICE TO ABSCONDING EXECUTORS AND ADMINISTRATORS. - executors, etc . If the executor or administrator has absconded or conceals himself, or has removed or absented himself from the Canal Zone, notice may be given him of the pendency of the proceedings by publication, in such m anner as the court may direct, and the court may proc eed upon such notice as i f the citation had b een personally serve d. S'EC. 770. MAY COMPEL ATTENDANCE .-In the proceedings author- ized by the preceding sections of this su bchapter, for the re moval of an executor or administrator, the court may compel his attendance by attachment, and may compel him to answer questions, on oath, touching his administration, and, upon his refusal so to do, may commit him until he o bey, or may revoke h is letters, or both .. CHA PTER 26.-INVENTORY AND COLLECTION OF EFFECTS OF DECEDENTS Power to compe l at- tendance of executor, etc. INVENTORY AND COLLECTION OF EFFE CTS OF DECED ENTS. Inventory, appraise- ment, possession of estate. Return of inventory and appraisement to court. Appointment of ap. praisers. Compensation. Account of services, etc. INVENTORY, APPRAISEMENT, AND POSSESSION OF ESTATE SEC. 771. INVENTORY AND APPRAISEMENT TO BE RETURNED :Every executor or administrator must make and return to the court, within thirty days after his appointment, a true inventory, and, also, if the court so direct, an appraisement of all the estate of the decedent which has come to his possession or knowledge. SEC. 772. APPRAISERS OF ESTATES OF DECEASED PERSONS:To make the appraisement, the court or judge must appoint three disin terested persons, any two of whom may act. Each of said appraisers is entitled to receive from each estate he appraises, as compensation for his services, such sum as may be fixed by the court or judge. The appraisers or appraiser must, with the inventory, file a verified account of their or his services and disbursements. No clerk or deputy, nor any person related by consanguinity or affinity to or connected by marriage with, or being a partner or employee of the judge of the court, shall be appointed or shall be competent to act as appraiser in any estate, or matter or proceeding pending before said j udge or in said cour t. SEC. 773. OATH OF APPRAISERS ; I NVENTOR Y MUST SHOW WHAT: Before proceeding to the execution of the ir duty, the apprais ers must take and subscribe an oath, to be attached to the inventory, that they will truly, honestly, and impartially app raise the property e xhibited to them, according to the best of their knowledge and ability. They must then proceed to estimate and appraise the property each item of prop erty must be set down sepa rate ly, with the valu e thereof in dollars a nd cents i n figures, opposite the items respective ly. The inv entory must contain all the estate of th e decedent, real and personal, a statement of all debts, bonds, mortgages, notes, and other securities for the pa yment of money belon ging to the decedent, speci- fying the name of the debtor in each debt or security, the date, the sum or igina lly p ayable, the indor semen t the reon (if any), with their dates, and the sum which, in the judgment of the appraisers, may be collected on each debt or security ; and a st ateme nt o f th e interest of the decedent in any partnership of which he was a mem- ber, to be appraised as a single item. The inv entory must also sho w, so far as the sam e can be ascertained by the executor or administrator, what portion of the property is community property, and what portion is the separate property of the decedent. Inventory to account SEC. 774. INVENTORY TO ACC OUN T FOR MONEYS ; IF ALL MON EY, NO for moneys. APPRAISEMENT NECESSARY.-The inventory must also contain an account of all moneys belonging to the decedent which have come Ineligible parties. Oath of appraisers. Inv ento ry. Contents. Interest of decedent in pro perty. 72d C ONGRESS. SESS. II. CH. 127. FEB RUARY 27, 1933.