Executors and Administrators-Continued.
were entitled to a commission of five per cent. on its value. Stein v. Huesmann,
6. When an executor and trustee, charged with the care and renting of real estate, is shown to have received, for his personal use, gifts in money from those employed by him to make repairs, and from tenants, a decree merely requiring him to account to the estate for moneys so received, does not impose an adequate pen- alty for such misconduct. Upon such proof in ordinary cases the trustee should be deprived of commissions; but when the cir- cumstances show that his services have been such that the depri- vation of all commissions would impose too heavy a penalty for the offence, the court will, in consideration thereof, deprive him only of so much as will serve to mark the court's disapproba- tion of his conduct, and to be a warning to others. Jacobus v. Munn, 622
See APPEAL, 3; CONTRACTS, 2; FRAUDULENT CONVEYANCES, 4; JURISDICTION, 4; PARTNERSHIP, 2, 3; TRUSTS, 2, 3.
Certain machines, which were entirely finished before they were brought to and set up in a factory, and required no particular adaptation for use therein, nor any alteration in the factory itself, and which could be removed therefrom without injury to them- selves or to the building, were, as between the mortgagee and a subsequent judgment creditor of the mortgagor, held not to be covered by a mortgage of lands, including the factory and also "the steam engines, boilers, shafting, belting, gearing and all other machinery appertaining to said premises, now upon said premises or that shall hereafter be placed or erected thereon.” . Penn Mutual Life Ins. Co. v. Semple,
A legatee alleged that by means of false representations made to her, she had been induced to withdraw her caveat to the probate of the will, which was thereupon admitted to probate.-Held, that, as her bill showed that the representations had been made to her by persons not interested in the estate, and that no person inter- ested therein was chargeable with them, it should be dismissed. Kinney v. Emery,
See CORPORATIONS, 5; MORTGAGES, 10, 11; PLEADING, 1, 5; SET- TING ASIDE SALES.
1. A son, knowing his father's financial embarrassments, and taking
Fraudulent Conveyances--Continued.
a conveyance of the title for all his father's real estate, only giving back therefor a mortgage, without a bond, for $2,047.62 and a check for $200, the father at the same time surrendering a note against the son for $200, cannot hold the real estate against the creditors of his father. First Nat. Bank v. Cummins, 2. The son was indebted to his father on a bond and mortgage for $2,500, given for part of the purchase-money of a lot of land. This mortgage the father surrendered to the son for cancellation for certain alleged accounts which the son claimed he held against his father, the greater portion of which, if they existed in the form of accounts at all, were prior to the execution of the mortgage.-Held, fraudulent. Id.,
3. After these events, the wife of the debtor conveyed her interest in dower in the farm to her son and took from the son a mortgage on the farm for $1,000, the alleged price of the dower, which sum, in consideration of her age, if her husband had been dead, was more than twice its value.-- Held, fraudulent. Id.,
4. A judgment creditor of a decedent, whose estate is insolvent, and whose administrator refused to bring suit, filed a creditor's bill to set aside, as fraudulent, certain mortgages given by the dece- dent to his son-in-law, which were foreclosed after decedent's death, and the premises bought at the sheriff's sale under the foreclosure by the son-in-law, the defendant. On demurrer to the bill-Held, (1) that the administrator is not a necessary party, and (2) that the bill sets forth grounds for equitable re- lief. Munn v. Marsh,
5. On January 11th, 1879, Mrs. Totten, without her husband joining in the deed, because the parties supposed and were advised that it was unnecessary, conveyed a farm belonging to her to Mr. and Mrs. Allen, for $3,200, subject to a mortgage of $5,000. Of the consideration, $200 were paid in cash by Mr. Allen, and $3,000 in his three notes of $1,000 each, payable to Mrs. Totten. These notes were shortly afterwards endorsed by her to complainant for a prior indebtedness. The complainant, when they were un- paid, brought suit on them in a court in New York, and Allen then proposed that the complainant should accept a deed for the farm in payment of the claim on the notes, which he did. On January 12th, 1879, the defendant issued an attachment against Mr. and Mrs. Totten, who were non-residents, and thereunder seized and sold the farm.-Held, that whether there was fraud or not in the conveyance from Mrs. Totten to the Allens, the com- plainant was not affected thereby and his title, founded on the equitable one of the Allens under Mrs. Totten's deed to them, would prevail against the defendant's title under the sheriff's sales on his attachment. Canda v. Powers,
See PLEADING, 4; TRUSTS, 2.
Contracts for speculations in stocks upon margins, when the broker and the customer do not contemplate or intend that the stock purchased or sold shall become or be treated as the stock of the customer, but the real transaction is a mere dealing in the differ- ences between prices--that is, in the payment of future profits or losses, as the event may be-are contracts of wager, dependent on a chance or casualty. Such contracts, if made in this state, are unlawful, and securities given therefor are void by force of the provisions of "the act to prevent gaming." Rev. p. 458. Flagg v. Baldwin,
1. Judgment was obtained against a guardian and his sureties for breaches of all the four conditions in his bond. On a reference to have the damages assessed against the sureties-Held, that the sureties could not object because the master assessed damages under one of the conditions as to which they claimed they were exonerated by the action of the new guardian, because, if that were a defence, it should have been raised in the action at law; and that they could not claim allowance for taxes on the ward's land paid by the guardian, because such taxes, if paid by the guardian, ought to have been charged by him in his account, and further, that the ward could not object, on account of the guardian's misconduct, to the master's allowance of commissions to the guardian, which had been fixed by the orphans court, because the action of the orphans court could not be questioned in that collateral way. Dean's Case,
2. The penalty of a guardian's bond was $2,700. After judgment against him and his sureties thereon, and a reference to have the damages assessed, the guardian's expense of maintaining the wards was not allowed. The application was by one of the sure- ties. It does not appear that the guardian, who was the father of the wards, was not able to support them, and it does appear that he received and had the benefit of their wages meanwhile, and that he never made any charge against them for support. The damages, however, cannot exceed the penalty of the bond. Wilson's Case,
3. A guardian who had taken his ward to live with him before the guardianship, agreed with her father, when he took her, that he would support her at his own cost and as his own child. The ward appears to have rendered whatever service she could in the family, and the guardian did not charge her for board in his books or in his first account.-Held, that he could not be allowed for her board, washing &c. Snover v. Prall,
Guardian and Ward - Continued.
4. A guardian has no power to bind either the person or the estate of his ward by contract. Reading v. Wilson,
5. A guardian may be authorized, by a court of competent jurisdic- tion, to make a contract for his ward, but, in such case, he does not exercise a power belonging to his office, but an extraordi- nary power granted to him for a special purpose. Id.,
6. The annual accounts of a guardian which have been audited and ordered to be recorded, are to be taken, on his final accounting, as prima facie correct, as well in respect to his disbursements as his receipts. Actual notice on citation to the ward is not neces- sary before filing such annual accounts. The surrogate's fees for auditing and stating them may be allowed. Davis v. Combs,
Where a marriage settlement authorizes and empowers the trustee to sell and invest and re-invest the trust property at the direction of the wife, and to pay over the income to her, with a provision that if she survives her husband the trustee is to reconvey the property to her, and it contains no revocation clause, she cannot, during her husband's lifetime, require of the trustee the payment of the proceeds of the sale of the trust property, Buchanan v. Paterson,
See CONFLICT OF LAWS, 4, 5; DIVORCE EVIDENCE. 5.
1. A suitor who seeks relief against an infant defendant, must prove his whole case. An infant is incapable of making a binding admission. Shultz v. Sanders,
2. An infant may make a valid contract for necessaries, but he is only invested with such capacity when in a state of need. Reading v. Wilson,
See GUARDIAN AND WARD; JUDICIAL SALES, 5.
1. The complainant claims the franklinite ore in certain land known as the northerly half of Mine Hill, under deeds made, one in 1848 and the other about a year afterwards. The defendant Trotter also claims that ore as lessee of a person who claims under a deed of the same grantor made in 1848. The complain- ant's deeds do not include the land in question in the descrip- tion, though it says it was intended that the description should embrace those premises, and the bill is filed for rectification of
the description so as to include the premises in dispute. The complainant, and those under whom it claims, had possession of the land from 1848 up to September, 1882, when Trotter took possession and fenced it out. In 1881 he recovered damages against the complainant's grantor in a federal court, in trespass, for taking franklinite from the property, and shortly afterward the complainant's grantor filed a bill in a federal court for recti- fication of the description, and applied for an injunction to restrain Trotter from mining the franklinite, which was denied. On motion for injunction in this suit to restrain Trotter from mining-Held, that an injunction should be allowed to preserve the property in question pendente lite. Also, that the complain- ant was not disentitled to relief by laches in applying for the reformation of the description, notwithstanding the error was known as early as 1853, since its right was not questioned until Trotter obtained his lease, which was in 1879. New Jersey Zinc and Iron Co. v. Trotter,
2. Complainants and their father have had possession of certain unen- closed wood and timber-land ever since 1820. Defendants (who are pecuniarily irresponsible), under an adverse claim of title, are selling off of the premises the wood and timber, which con- stitute their chief value.-Held, that complainants are entitled to an injunction restraining the removal of the wood and timber, but not an injunction to prevent defendants trying an ejectment for the premises, begun after this suit had been brought, this suit not being brought under the act to quiet title. Piper v. Piper,
3. Mandatory injunctions are rarely granted before final hearing, and are, as a general rule, strictly confined to cases where the remedy at law is plainly inadequate. Lord v. Carbon Iron Co., See APPEAL, 2; CORPORATIONS, 1; COSTS, 2; DEDICATION; EASE- MENTS, 2; MINES, 2; MORTGAGES, 6.
The by-laws of an unincorporated mutual insurance association pro- vided that in case a member had, for failure to pay an assess- ment promptly, been dropped from the association by the secre- tary, the board of directors should have power to re-instate him on his presenting to them a reasonable excuse for such failure and paying the sum in arrear. A member being delinquent appeared before them and offered a sufficient reason for his delin- quency, and the board refused to re-instate him, because they alleged that his health was then precarious. He died very soon afterwards.-Held, that this court might, after his death, examine into and determine the adequacy of the reason so offered, and, in a proper case, compel the association to pay the amount of in-
« PreviousContinue » |