36 S.C. 428 | S.C. | 1892
Lead Opinion
The opinion of the court was delivered by
This case was originally heard at November term, 1890, but owing to a difference of opinion between the only two Justices then upon the bench, a re-argument became necessary, arid the case was fina'ly heard by a full bench during November term, 1891; ami there still being a difference of opinion as to one of the questions involved, it has been thought best that the members of the court should file separate opinions.
Nancy Sledge, by her last will and testament, which was admitted to probate in March, 1861, devised to her daughter, Penelope Cogblan, who was then, and continued to be up to the time of her death, a married woman, á certain house and lot in the town of Sumter, “to be for her sole and separate use for her life,' and not in any way subject to the debts or contracts of her husband — subject, however, to be disposed of in any manner her said daughter may direct in her life-time by deed, or by will at her death.” On the 2nd of July, 1861, Penelope, by virtue of the power conferred upon her by the will of her mother, and “for the purpose of disposing of the property, real and personal, and all the interests and estate of whatever description, devised and bequeathed to me in and by the said last will and testament, and for the purpose of disposing of all other property, real and personal, of which I may die possessed, and which I may, in any
After the execution of her will, the said Penelope, some time in the year 1863, by virtue of the power contained in the will of Mi's. Sledge, sold and conveyed a portion of the said lot to Margaret Dougherty, who paid one half of the purchase money in cash, and gave to said Penelope her bond, secured by a mortgage of the premises, for the other half. This bond remaining unpaid at the time of the death of Margaret Dougherty, her heirs at law, in consideration of the surrender of said bond and mortgage, re-conveyed the said premises, by deed dated 15th of January, 1867, to the defendant, Gardner, “in trust for the sole and separate use of the said Penelope Coghlan, during her life, with power to her to dispose of the same by deed or will,” &c. It further appears that Nancy Sledge, previous to the execution of her will, to wit, in 185-3, conveyed to a trustee for said Penelope other real and personal property, which was subsequently, to wit, in 1862, sold under an order of the court; and that the said Penelope, in the years 1869 and 1875, acquired, by purchase from third persons, three other parcels of land, which she held in fee simple absolute up to the time of her death, though the defendant, Adam Sledge, sets up a claim to one of these parcels, which not having vet been adjudicated, may be dismissed from further notice in considering the present appeal.
On the 14th of April, 1886, this action was commenced by the plaintiff for the partition of that portion of the lot in the town of Sumter which had been conveyed to Margaret Dougherty, and by her heirs reconveyed to the said Penelope (which, for convenience, will be hereinafter designated as the Dougherty lot), as well as of the three parcels of land conveyed to said Penelope in fee simple absolute by third persons, and that the defendant, Emily, be required to account to the plaintiff for the rents of the said land--. This claim on the part of the plaintiff is based upon
I cannot concur with the Circuit Judge in either of the reasons upon which he based his conclusion upon this point. The fact that Penelope Coghlan took a mortgage from Margaret Dougherty to secure the payment of the balance of the purchase money, cannot affect the question. The mortgage was a mere lien on the land, and did not transfer any estate or interest whatsoever therein. That was vested solely in Margaret Dough-erty by the conveyance of Penelope Coghlan, in pursuance of the power conferred by the will of Nancy Sledge, and she held it absolutely free from any claim of interest therein, or of any right or power of appointment by Penelope, which she had held previously, but which she had parted with by such conveyance.' When, therefore, the property wa.s reconveyed to Mrs. Coghlan in 1867, in consideration of the surrender of the bond for the balance due on the purchase money, and a release of the lien of the mortgage she held under a new title, accompanied with a new power of appointment, then created, which was in no way refer-rable to the original power of appointment which had been extinguished by its exercise. I do not see how it is possible to reconcile the view taken by the Circuit Judge with the express terms of the act of 1791, as construed in several recent decisions of this court, whereby a mortgage has been deprived of every attribute of a conveyance and declared to operate simply as a lien.
It is stated by the Circuit Judge, as a fact supporting his view, that the reconveyance to Penelope by the. Dougherty heirs, contains a recital of the powers conferred by the will of Nancy Sledge, which he assumes was made at the request of Penelope, for the purpose of showing that she intended to replace the pro
. The second reason given by the Circuit Judge to sustain his conclusion as to this point is not, in my judgment, well founded. While it is true that the power conferred upon Mrs. Coghlan by the Dougherty reconveyance to dispose of this property by will, authorized her to do so notwithstanding her coverture, yet, at the time her will was made, she could only do so'in the execution of such power, and, as I have said, her will executed in 1861, cannot be regarded as the execution of a power which was never conferred until six years afterwards. I suppose there can be no doubt that if the lot had never been reconveyed to Mrs. Coghlan, her will could have had no possible effect upon it. For when she sold and conveyed this lot to Miss Dougherty, she parted absolutely and forever with all right, title, and interest in, or power over, said lot, which she had acquired under the will of Mrs. Sledge. When, therefore, she repurchased the lot in 1867, she acquired a new and distinct title from that which she had prer viously held and had disposed of, and hence all her interest in and power over the same must necessarily have been derived solely from the deed of the Dougherty heirs; and unless under that deed she acquired and exercised the power to dispose of the same, it is obvious to my mind that she had no more authority to dispose of that lot than she would have had to dispose of any other real estate of which she had made an absolute sale and conveyance. It seems to me that there can be no doubt that the sale to Miss Dougherty in 1863 was intended to be, and actually was, an absolute sale and conveyance, and that there was nothing preten-siue about it. In this respect, therefore, this case differs widely from the case of Bowen v. Chase, 94 U. S., 812, for the decision
I do not see how it is possible to regard the reconveyance in 1867 as a rescission of the previous sale made in 1863, for it has none of the features incident to such a transaction, and the papers do not purport to show that any such idea was in the minds of the parties. That portion of the purcha-e money which had been paid was not refunded, so far as we are informed, and there is nothing whatever to show that any provision with respect to that was made, or was in the minds of the parties. Then, too, the reconveyance was made to a third person ; and the very fact that the reconveyance contained a power to Mrs. Coghlan to dispose of the property by will, negatived the idea that the parties supposed that the transaction was intended to be a mere cancellation of the previous sale (even if they had the power to do so), and a restoration of matters to their original condition. For if so, the insertion of the power would have been a nugatory act.
Now, in the first place, it is difficult to understand how an act-done years prior to the creation of a power can be regarded as an execution of such power. WThile it is true that a will takes effect at the death of the testator — speaks at that time — yet it is
I think, therefore, that the judgment of the Circuit Court as to this point should be reversed; but as a majority of the court, as will be seen by the separate opinions herewith filed, are of a different opinion, the judgment of this court is, that the judgment of the Circuit Court be affirmed.
Concurrence Opinion
In March, 1861, the will of Nancy Sledge was admitted to probate, by which she devised to her daughter, Penelope Cogh-lan, the lot in question to her sole and separate use during her
But it further appeared that, in the long interval between the execution of the will of Penelope (1861) and her death in 1883, she had in 1863 made a sale of the lot — had actually conveyed it to one Mrs. Dougherty, who paid half of the purchase money in cash, and gave a mortgage of the premises to secure the other half; that, however, before the mortgage was satisfied Mrs. Dougherty died and her heirs, in consideration of the surrender of the mortgage, gave up the purchase, and by deed reconveyed the lot to the defendant "Gardner, in trust for the sole and separate use of the said Penelope during her life, with precisely the same powers to dispose of by will or deed,” as were given her by the will of her mother. Under these circumstances it is contended that by the conveyance to Dougherty in 1863. afterwards in effect cancelled, the power given to Penelope by the will of her mother had been entirely executed and extinguished; and that the new power embraced in the reconveyance of the Dough-erty heirs back to the trustee of Mrs. Cogh-an, could not be executed by her will, for the reason ¡hat such new power was created subsequent to the date of her will. And therefore the lot was necessarily 'lthe intestate property” of Mrs. Coghlan, notwithstanding the express execution of the power in her will.
I cannot concur in this view. In the first place, this Dough-erty transaction, considered as a whole, w'as not a complete execution of the power so as to extinguish it. At the time of that transaction the power had already been executed by the will of Mrs. Coghlan It is. true she had th- right to change bet-will, and possibly that embraced the right to revoke the up-
I think that the judgment below should be affirmed.
The members of this court have readily disposed of all the questions raised b}r this appeal, except that relating to the judgment of the Circuit Court as to the effect of the conveyance of Mrs. Penelope Coghlan, executed in 1863, of one-half of a lot in the town of Sumter to Margaret M. Dough-erty, upon the devise of the same as contained in the will of the former, signed on the 2d July, 1861, and left unrevoked at her death in the year 1884. Much of the delay in handing down the judgment of this court is due to the desire on our part to take more time for reflection in order to do our full duty to the parties to this controversy, in the decision of a novel question, so far as the decisions of the courts of this State are concerned.
Nancy Sledge devised certain property to her daughter Penelope (who had intermarried wi.th one Thomas J. Coghlan) for life, with the power to said Penelope to dispose of the same by deed or will. As before remarked, Mrs. Coghlan, on the 2d July, 1861, made her last will and testament, by the provisions of which all her estate, real and personal, was given to her niece, the defendant, Mrs. Emily E. Whittemoro. In 1863 she conveyed a part of the real estate devised by her mother’s will to Margaret M. Dougherty, to wit, one-half of a lot of land in the town of Sumter, at the price of $10,000, of which she was paid one-half in cash, the balance being on a credit. In 1867 Margaret M. Dougherty having died intestate without having paid the credit portion of the purchase money, her heirs at law1 conveyed said lot of land to Henry W. Gardner in trust for the use of said Penelope Coghlan for life, with power to dispose of the
It is not denied that, as a general rule, where one is vested by a deed or will with the execution of a power, the exercise of that power, according to law, exhausts it. This general rule is made the basis of appellant’s argument here, and it must be admitted, in all frankness, that it is very strong. But it is contended, on the other hand, that if by reason of any circumstances the appointee of the power, voluntarily or by operation of law, is clothed anew with the original, power, so that its attempted or competed exercise is blotted out forever and no longer exists in law or fact to impede the full exercise of the original power, then such power may be exercised. The force of this last argument is met in the case at bar in this way : It is admitted that in 1867 the lands were reconveyed by the heirs of Margaret M. Dougherty to Penelope Coghlan’s trustee upon similar trusts to those expressed in the will of Nancy Sledge, vet it was neither expressly made subject to such powers of Nancy Sledge’s will, nor was there a direct assertion or execution by Penelope Coghlan of the newly acquired powers under the Dougherty heirs’ deed to her trustee, either by deed or will, executed after 1867.
Mr. Justice McGowan, in his separate opinion, has quoted
Questions arose in regard to this transaction as to the effect of the deed to Alexander Hamilton. It was admitted that under the deed of Stephen Jumel full power was given Eliza Brown Jumel to alienate any of the trust estate, but it was contended that, having done so for an expressed valuable consideration, notwithstanding Alexander Hamilton reconveyed to her trustee under all the original trusts and powers, thereby reinvesting her, so to speak, with all the rights she acquired under the oH-jinal deed of her husband, Stephen Jumel, the appointment under bet-deed. dated in 1828, in favor of Mary Jumel Bownes. was ineffectual, and her estate descended to her heirs at law. However the Supreme Court of the United States held that the sale to Hamilton, and the reconveyance of Hamilton to Werckmeister as trustee, was equivalent to a cancellation of the pretended pur
For the reasons herein given, in addition to those contained in the separate opinion of Mr. Justice McGowan, the writer is of opinion that the appeal should be dismissed.
Judgment affirmed.