35 Ala. 727 | Ala. | 1860
One of the questions discussed in this case is, whether a married woman has the election to take property purchased with, or obtained in exchange for, articles of her statutory separate estate by her husband ; there being no joint conveyance of such articles by husband and wife, as contemplated by our act of 1850, and section 1894 of the Code. That question we leave open and undecided.
If a married woman has the right to take property purchased by her husband with her separate estate, it is by virtue of the doctrine of implied or constructive trusts. 2 Story’s Eq. Jur. § 1210 ; Atherly on Mar. Set. 443; Oliver v. Piatt, 3 How. 333-400; Kavanaugh v. Thompson, 16 Ala. 824; Taliaferro v. Taliaferro, 6 Ala. 404. The title which enures to a cestui que trust, by the trustee’s investment of the assets of the trust in other property, results from the equitable doctrine of implied trusts, and can be recognized and enforced only in a court of equity.— 2 Story’s Eq. Jur. § 1080, note 4; Puryear v. Puryear, 16 Ala. 486.
Prom what we have said, it follows, that there was error in the ruling of the court below.
The judgment of the court below is reversed, and the .cause remanded.