It can admit of no controversy, that the sale of a chattel by one out of possession, and to which he has the mere right of action, will not confer on the vendee such a title as will enable him to sue for its recovery in his own name. This is the point decided in Goodwyn v. Loyd, [
If the former, then, although the possessor may have acquired the possession by a trespass or by contract, — as for example by a bailment, from the vendor, the title asserted by him being hosT tile to that of the vendor, could not be transferred by the latter, so as to vest the transferee with the right to sue in his own name; for in regard to personal property, there is no such rule as prevails in relation to real property; by which the tenant is forbidden to .dispute the title of his landlord. But, if the latter, then, as the right to personal property draws to it the possession, if the possession was withheld after such sale, the vendee might maintain an action for its recovery in his own name. See Brown v. Lipscomb, [
The question, then, on this part of the case is, what title did the defendant set up? Wasitone adverse or hostile tothat of the trustee? The title of the trustee was derived from the deed of Miller & Addison, vesting in him the legal title, and reserving to themselves only the right of possession, which right ceased, when default
It results from this examination, that the title of the defendant was not adverse to that of the trustee; but being derived from, and held under the maker of the deed, was entirely consistent with the title of the trustee.
It was, however, strenuously urged, that on principles of public policy, sales by trustees, in the absence of the property, ought not to be tolerated.
The trustee derives his power to act from the deed, and is bound to conform to its provisions. In the language of the court, in Greenleaf v. Queen, [
But’ these well established principles must be considered in connection with others equally clear. The limitations on the power of the trustee, are for the benefit of those interested in the trust — ■ the maker of the deed and the cestui que trust; and it cannot be
The deed does not, in express tenns, require that the property should be present at the time of the sale, but such must be the legal inference, as otherwise the property could not be expected to bring its fair value. But if the maker of the deed, who, by its terms, was entitled to the possession until default of payment, voluntarily retains the possession, and refuses to produce the property on the day of sale, he cannot object that it is sold in its absence. To allow him to prevent the sale by voluntarily withholding the property, would be to permit him to take advantage of his own wrong, and by his own act to defeat the provisions of the deed. Doubtless, the cestui que trust might refuse to permit the sale to proceed in the absence of the property; but if he waives this right, no one else can object to it.
Thus in the case cited from
In this case, the defendant who has succeeded, by his purchase of the trust property, to all the rights and liabilities of Miller & Addison, is precluded from objecting that the slave sued for was sold in his absence, and greatly below his value, because he voluntarily refused to produce him, and thus, by his own act, caused the result which he now complains of.
This point was thus ruled in the case of Echols v. Derrick, [
Let the judgment be reversed, and the cause be remanded.
