51 Tex. 235 | Tex. | 1879
This case involves the construction of the last will and testament of W. E. Thomas, which reads as follows:
“In the name of God, amen: I, William E. Thomas, of
I. One of the material questions in the case, and which is decisive of the issue between the plaintiffs and Milby & Porter, relates to the power given by the will to the wife of the testator, now Mrs. Annie Disbrow, to sell the property mentioned therein.
We are of opinion, that whether she became invested with the full and absolute title to the property, or that the same was charged with a trust in her hands, she nevertheless, by the terms of the- will, had the legal title, and thereby had such power of sale; and that the same was not inconsistent with the intention of the testator, but might have become necessary to carry this intention into effect.
We are further of opinion, that, even if the property should be held to have been charged with a trust in favor of the children, by the terms of the will, the validity of the title of the purchasers under such sale—if the same is not shown to
Seifher, in such case, should their rights depend upon the proper application by the wife of the purchase-money.
It is the opinion of eminent jurists and judges, that it would have been far better, in all cases, to have held that the right to sell carried with it the right to receive the purchase-money, without responsibility on the part of the purchaser as to its application.
It is well settled, however, that where the trust is in its nature unlimited and general, the purchaser is not bound to look to the application of the purchase-money. (2 Story’s Eq. Jur., secs. 1124-1135; Gardner v. Gardner, 3 Mason, 178.) To impose upon the purchaser, in such a case as this, the hazard to determine correctly, in the first instance, the question of the necessity for the sale, and then to see to the proper application of the purchase-money, (which a court even might find much difficulty in deciding,) would so embarrass the title to the property and so depreciate its value as to virtually withdraw it from market.
Under the issues and evidence, the record does not disclose any error in so much of the judgment as sustained the validity of the sale to Milby & Porter.
II. The other material question in the case relates to the alleged mismanagement on the part of the wife, Mrs. Annie Disbrow, of the trust charged to have been confided to her.
Upon this issue, the court charged the jury as follows: “As between plaintiffs and Mrs. Disbrow, the mother, the-true inquiry is, whether, considering the number, age, and necessities of the children and her own reasonable wants, she has in a reasonable manner exercised the powers given her under the terms of the will. The testator gave her a very large discretion, and unless she has abused that discretion by a reckless disregard of the rights of plaintiffs, you should find
Under this charge the jury found for the defendant.
We are of opinion, that if the property stands charged in the hands of Mrs. Disbrow with an equity in favor of the children, it does not extend beyond the right to a claim for maintenance; and we think that the instructions given by the court to the jury fairly presented the law on this issue as applied to the case before the court, and the record does not disclose error which would authorize us to set aside their verdict.
There being, then, upon the material issues in this case, no error apparent upon the record, the judgment below is affirmed.
Aeeirmed.