1 A.D. 22 | N.Y. App. Div. | 1896
The action was brought for an accounting and resulted in a decree settling the accounts of the defendant Brown and directing a sale of the premises affected by this order. On the sale plaintiff bid in the property and now seeks to be relieved therefrom. The chain of title shows a deed bearing date July 17, 1867, running from one Eldert and wife as grantors to Henry Eckert and “ associates.” Under date of January 21, 1871, Eckert and wife conveyed the premises
If Eckert held for himself and as trustee for others, the rule would not be different; he would still possess authority to convey a good title. (King v. Townshend, 141 N. Y. 358.)
The restrictive stipulation contained in the deed of Eldert and his wife to Eckert, that the premises should not be used by Eckert for a tavern, cannot affect the title; it was a mere personal agreement and did not create a covenant running with the land.
The deed from Eckert and wife to Kalbfleisch as trustee for the association, by force of the Statute of Uses and Trusts (1 R. S. 727, § 47), vested the legal title in the beneficiaries. (Hopkins v. Kent, 145 N. Y. 363.)
The claim that there was no beneficiary capable of taking title cannot be sustained upon the facts. It is true that the date of the deed and acknowledgment was prior to the certificate of incorporation. But there is no proof that the deed was delivered on that date, and the presumption of delivery is sufficiently overcome by what followed. The certificate of the county clerk, that the officer who took the acknowledgment was competent to take it, ivas not made until the 18th day of May, 1871. The certificate of incorporation bears date March 6, 1871, and was acknowledged before plaintiff as a notary on that day. The certificate of the county
TSTo reasonable doubt attends upon this title; the same is good and marketable.
We conclude, therefore, that the order appealed from should be-affirmed, with costs and disbursements.
All concurred, except Bartlett, J., not sitting.
Order affirmed, with ten dollars costs and disbursements.