
    In the Matter of the Final Judicial Settlement of the Account of Sarah S. Holzworth, as Executrix of the Estate of William N. Slater, Deceased. Sarah S. Holzworth, as Executrix, etc., Appellant; Abraham H. Slater and Others, Respondents.
    
      (Supreme Court, Appellate Division, Second Department,
    
    
      Feb. 19, 1915.)
    Decedent’s Estate—Will—Delivery of Assets to Trustee in Specie— Election by Remainderman to Receive Gift in Specie—Jurisdiction of Surrogate—Election by Trustee—Statutory Construction— Equitable Jurisdiction of Surrogate’s Court.
    Where a will empowers the testator’s widow to turn over a portion of the estate either “ in specie ” or after conversion- into cash to a trustee to pay the income to her for life, with remainders over, and she elects to turn over the property in specie consisting of stock in a private corporation, in which the testator held a controlling interest, the surrogate ‘has no jurisdiction to decree that the trust fund shall be delivered to the remaindermen- in specie, by virtue of a consent filed -by them. This, because the remaindermen are not legatees or distributees, nor have they any personal right to payment or distribution during the lifetime of the widow. Hence, they are not within section 2736 of the Code of Civil Procedure, which regulates an order by the surrogate for the delivery of specific property.
    
      It seems, that even if the testamentary trustee could be deemed to be a distributee, such decree for a delivery in specie could not be made by the surrogate, if the trustee has not filed its consent. .
    
      It seems, however, that the consent of the trustee to such distribution, if it had been filed, would not be operative against the desire of the life beneficiary.
    All general phrases in a statute must yield to particular specifications-contained in- the same statute.
    Although section 2510 of the Code of Civil Procedure gives full equity jurisdiction to the Surrogate’s Court in every proceeding that comes before it in the manner prescribed by statute, it has equitable jurisdiction only as regards the matters specified in the -succeeding subdivisions of said section, that is to say, its general equitable power must yield to the statutory restrictions placed upon it.
    Appeal by Sarah S. Holzworth, as executrix, etc., from parts of a decree of the Surrogate’s Court of the county of Westchester, entered in the office of said Surrogate’s Court on the 9th day of November, 1914, and also from an order entered in said office on the 7th day of December, 1914, denying a motion to vacate and set aside the said decree.
    Edward E. Finch (John M. Holzworth with him on the brief), for the appellant.
    William A. Davidson, for the respondents Abraham H. Slater .and Mary G-. Slater.
    Jerome A. Peck, for the respondent Mutual Trust Company •of Westchester County.
   Cabb, J.—

There are two appeals here argued as one, one an appeal from a decree of the Surrogate’s Court in Westchester county, and another from an order made by the Surrogate’s Court in that county, denying a motion to set aside and vacate the decree. William N. Slater died in Westchester county, possessed of a considerable estate. He made a last will and testament, which was admitted to probate. . By this will he appointed his wife, Sarah B. Slater, as his sole executrix. Evidently the decedent was very fond of his wife, for he gave her in the will one-half of his estate, and conferred upon her, as executrix, more than ordinarily full powers. After directing the payment of his debts, he gave one-half of the residue to his widow, and the other half to the Mutual Trust Company of Westchester County, to hold the same in trust and to pay over to his widow, Sarah B. Slater, during her lifetime, the full income of the corpus of the trust estate, and at her death to pay over the trust fund to his sister, Mary G. Slater, and his brother, Abraham H. Slater, in equal shares. By this will he authorized his executrix in her discretion to maintain the assets in specie, or to convert them into cash, and to distribute them in cash or in specie at her discretion, and he directed that if these assets were turned over in specie to the trustee for the purposes of the trust mentioned in the will, the trustee might maintain them in specie„ without being liable in any way because they were not such investments as might be made by trustees under prevailing law, and that neither the trustee nor the executrix should be liable even for negligence in holding the assets of his estate. These assets consisted principally of 329 shares of stock in a corporation known as the Port Chester Lumber Company. The capital stock of this company was 450 shares, and the decedent owned the controlling interest therein. About five years after the death of the testator a proceeding was begun to compel the executrix to account, and an order was made accordingly. In her account she stated that she still held the shares of stock of the Port Chester Lumber Company unsold, and explained the reasons why she had not sold them. These reasons were substantially as follows: The decedent’s interest in that corporation was so large that his estate had the controlling stock interest therein. The executrix was of opinion that it would be to the greater advantage of the estate of the decedent to sell this controlling stock interest in one block in order that it might command a higher price, and that she had endeavored so to do. This reason in quite intelligible. Pending the decree of the surrogate on the accounting proceeding the sister, Mary G. Slater, and the brother, Abraham H. Slater, filed a consent in writing to take their respective shares in specie, that is, in the stock of the Port Chester Lumber Company. The circumstances under which a surrogate may render a judicial decree settling the account of an executor or administrator and adjudge' a delivery in specie of the assets of an estate are set forth in full in section 2/7_36 of the Code of Civil Procedure:

§ 2Y36. Id.; when specific property may he delivered.

In either of the following cases, the decree may direct the delivery of an unsold chattel, or the assignment of an uncollected demand,- or any other personal property, to a party or parties entitled to payment or distribution, in lieu of the money value of the property:

“ 1. Where all the parties interested manifest their consent thereto by a writing filed in the surrogate’s office.

“ 2. Where any legatee or distributee files a consent to accept as payment in whole or in part any specified personal property at a value to be ascertained by appraisement.

“ 3. Where it appears that a sale thereof, for the purpose of payment or distribution, would cause a loss to any infant or incompetent legatee or distributee, and the value thereof has been fixed by appraisement.

“ The value must be ascertained, if the consent does not fix it, by an appraisement under oath, made by one or more persons appointed by the surrogate for the purpose.”

I think it is evident from a reading of that section that a consent filed by the remaindermen in the trust fund created by the will of the decedent was not sufficient to confer upon the surrogate jurisdiction to decree a delivery in specie. In the first place, they are not legatees or distributees within the meaning of that section. Aeither of them has any present right of payment or distribution. The Mutual Trust Company, as the trustee, was a distributee, but in a representative capacity, practically as a custodian. It represented not only the remaindermen, but the life tenant in the corpus of the trust fund. It filed no consent to take the trust fund in specie. In a case such as this, where the life tenant objects, the remaindermen may not make an election against her objection. If the Mutual Trust Company be considered as a distributee, without regard to the purposes for which it is a distributee, then, as it has not filed the consent mentioned in section 2Y36 of the Code of Civil Procedure, the surrogate had no, jurisdiction whatever to act as he did unless there is some other provision of the statute which confers the power upon him. Personally, I think a consent of the trustee, if it had been filed, could not have been operative against the will of those whom it represented. It is claimed, however, by the respondents that by section 2510 of the present Code of Civil Procedure the Surrogate’s Court has been given full equity jurisdiction in every proceeding that comes before it, and that the surrogate of Westchester county in the case now before us had the power to exercise this full equity jurisdiction on the facts that came before him. It is, of course, true that in section 2510 of the Code of Civil Procedure the Legislature has declared as follows : “ Each surrogate must hold, within his county, a court, which has, in addition to the powers conferred upon it, or upon the surrogate, by special provision of law, jurisdiction, as follows : To administer justice in all matters relating to the affairs of decedents, and upon the return of any process to try and determine all questions, legal or equitable, arising between any or all of the parties to any proceeding, or between any party and any other person having any claim or interest therein who voluntarily appears in such proceeding, or is brought in by supplemental citation, as to any and all matters necessary to be determined in order to make a full, equitable and complete disposition of the matter by such order or decree as justice requires.”

But this legislative declaration is followed immediately by language as follows: “And in the cases and in the manner prescribed by statute: * * * 3. To direct and control the conduct, and settle the accounts, of executors, administrators, and testamentary trustees; to remove testamentary trustees, and to appoint a successor in place of a testamentary trustee. 4. To enforce the payment of debts and legacies; the distribution of the estates of decedents; and the payment or delivery, by executors, administrators, . and testamentary trustees, of money or other property in their possession, belonging to the estate or fund.”

As I understand the law of statutory construction, all general phrases in a statute must yield to a particular specification contained in the same statute. As to the subdivisions of section 2510, just quoted, the cases and the manner in which the surrogate may exercise his equitable jurisdiction are specified particularly. Where there is such a specification, it must exercise its jurisdiction in accordance with the specification. Its general equitable power must yield to the statutory restrictions upon it or directions as to it, and where the statute prescribes when and how it shall act, it cannot act otherwise than is prescribed. I think this is so well settled, even as to courts of general equitable jurisdiction, as to require no discussion.

Under these circumstances, we must reverse the decree of the Surrogate’s Court of Westchester county as being without jurisdiction as to its direction to distribute the remaining assets of the estate in specie. The decree of the Surrogate’s Court of Westchester county so far as appealed from is reversed, with costs and disbursements, as to the direction to distribute in specie.

Jenks, P. J., Thomas, Rich and Putham, JJ., concurred.

Decree of the Surrogate’s Court of Westchester county so far as appealed from reversed, with costs and disbursements, as to the direction to distribute in specie. Order to be settled on notice before Mr. Justice Cabb. 
      
       See Laws of 1914, chap. 443.—■ [Rep.
     
      
       See Laws of 1914, chap. 443.— [Rep.
     