100 Ga. 445 | Ga. | 1897
An action was brought by Corker against Charlotte A. Byne, the widow of Edmund Byne, by which the plaintiff ¡sought to recover for certain supplies which had been furnished the deceased for the purpose of enabling him to carry on farming operations upon a certain plantation. For these supplies Byne had contracted as “trustee” or “agent” of his wife; this, however, being done without her knowledge or •consent. The plaintiffs theory was, that Mrs. Byne was the real owner of the plantation at the time the supplies were furnished; that her husband, in purchasing them, if not in a technical sense her trustee, was at least her agent; and that whether she knew, or did not know, he was assuming to act in her behalf, she ought to pay for 'the supplies, because in point of fact she got the benefit of them in the conduct of a business which was really her own. If was further con
The material facts of the case, in addition to those above stated, are about as follows: In 1857, Byne executed and delivered a deed conveying a large amount of property— probably his entire estate — to Willis Young, in trust for the .grantor’s wife and her children begotten and to be begot by him. At that time there was but one child, a daughter, and no other child was afterwards born to the Bynes. The deed provided that the grantor himself was “to manage the said property for and during the term of his natural life, and [was] to vest the income of said property according to his best discretion and as he [should] consider best,” and that '“said property [should] be held by said trustee for the support and maintenance of said Charlotte Byne and all the children of said Edmund and Charlotte, so long as said Edmund [should] live, and after the death of said Edmund, all'of said property to be divided equally between said Charlotte and all the children of s'aid Edmund and Charlotte, .share and share alike; but the management of said property to be had and exercised by said Edmund so long as he [should] live.” The trustee named in the deed was, in accordance with provisions therein contained, subsequently succeeded by another person, and he in turn by a third trustee; but at the time the supplies were furnished by Corker the trusteeship was vacant. There was evidence tending to show that, upon the daughter’s becoming of age, she and her mother, with the consent of the grantor, voluntarily divided between themselves all of the property covered by the trust deed which had not previously been consumed in its use or had become valueless; and that in pursuance of this division, the daughter took absolute possession and control of certain
Whether or not the verdict can lawfully stand really depends upon the construction to be given to the trust deed. Viewing together all of its provisions, we have reached the conclusion that its effect was to reserve a life-estate in Byne, charged with the support of his wife and child, and to vest' in the trustee a remainder estate in fee simple for the use- and benefit of the wife and daughter. It seems clear that the only purpose in conveying to a trustee was to place the-corpus of the property beyond the reach of the grantor’s, debits and liabilities. Inasmuch as 'tlhe trustee was not charged with the performance of any immediate active duties, and as the grantor reserved to himself the exclusive control and management of the property during his life, with the power to “vest” the income according to his best discretion, etc., he obviously intended to retain all the rights appertaining" to a life tenancy in himself. This was practically the same, thing as expressly reserving to himself a legal estate for life; for otherwise, the very object he had in view, as indicated in his deed, must necessarily have failed of accomplishment. We do not understand the word “vest” to have been used in the sense of “invest”; but our idea is, that the grantor meant to reserve to himself the ptower of disposing of the-income in any manner he chose, subject only to a support of. the wife and daughter out of the same. If this view is correct, Byne certainly had no right, in any assumed capacity
Our conclusion, therefore, is that the verdict was contrary to law, and ought to be set aside.
Judgment reversed.