39 Ala. 96 | Ala. | 1863
The charges given, and the charges asked and refused, involve several material questions; and we proceed to adjudicate those questions so far as may be necessary to guide the court below on a future trial.
A slave’s earnings, or acquisitions, belong to the master. The money, for the loan of which the note in this case was given, if the product of the slave’s earnings, would belong to the master, who could recover it in an action for money had and received.— Webb v. Kelly, 37 Ala. 333; Sterrett's Executor v. Kaster, 37 Ala. 366; Jones v. Nirdlinger, 20 Ala. 488; Shanklin v. Johnson, 9 Ala. 271. The suit here, however, is not for the recovery of the money, but upon the note given by the borrower for the loan of it. This note, as we have already seen, is void, if the money was loaned by the slave. If, however, the payee of the note, Davis, having the money in his possession, loaned it out on his own account, and not-for the slave, and took the note payable to himself, the case is presented of one man’s converting to his use the money of another, and taking a note for the loan of it payable to himself. If that should be the case presented on a future trial, the question will arise, whether a constructive trust in favor of the master, who was the owner of the money, attached to the note given to the payee in consideration of the tortious loan of the money. If such a trust arose, the master of the slave would be the equitable owner of the note, and he, or his representative, might maintain an action on it, under the authority of section 2129 of the Code. But no such trust would arise in the case above stated. Where one occupying some fiduciary relation to the owner of money converts it into something else, the law implies a trust in favor of the owner of the money at his election; but this doctrine does not apply, unless some fiduciary relation existed. 1 Lead. Cases in Eq. (Hare & W.’s notes,) 277; 2 Fonb. Eq. (top) 423, (marg.) 118 n.; U. S. v. Hand,
It lias been decided in Tennessee, tbat one wbo loans out money deposited by a slave with bim, and takes a note payable to himself, may sue in his own name and recover upon it. — Jenkins v. Brown, 6 Humph. 299.
Reversed and remanded.