17 N.C. 521 | N.C. | 1834
"I give to Edward S. Giles one horse, saddle and bridle, worth $80, when he arrives at the age of 21."
It was admitted that the defendant had paid the legacy to the father of the plaintiff, who had been duly constituted his guardian, and that this delivery was made before he arrived at his full age. The only question was whether this delivery protected the defendant, the father having become insolvent, but the surety to the guardian bond being still able to pay the amount.
His Honor, Judge Donnell, on the last circuit, dismissed the petition, thinking the plaintiff had his remedy against the surety to the guardian bond, and the latter appealed.
There is no dispute in this case upon the facts, (522) the parties having agreed on them in the pleadings, or by admissions in court, as set forth in the decree of the Superior Court. The bequest is in these words: "I give to Edward S. Giles one horse, saddle and bridle, worth $80, when he shall arrive at the age of 21 years." The will is not exhibited, and no other parts of it set forth in the record, so that the case turns upon the words of this disposition alone. Upon them, it is within the rule which annexes the time to the substance of the legacy, and makes the right dependent upon the arrival of the legatee to the age prescribed. Although this rule was adopted by the courts of equity less upon principle than from the necessity to make their decisions, in a matter in which the two tribunals exercised a concurrent jurisdiction, conform to the prior ones of the ecclesiastical courts, yet it is now an old rule of equity itself, which must be adhered to. It is found in all the text-writers and is acknowledged and acted on by the courts in modern time. (1 Eq. Ca. Ab., 295, p. 6; Hanson v. Graham, 6 ib., 239.) It has also been adopted in this State in Perry v. Rhodes,
The question is whether in the event which has happened, namely, that the legatee has attained his age, a prior payment during his minority, to his guardian, be a due payment, so as to discharge the executor.
An executor is a trustee for the legatees, and is bound to preserve the legacies for them, so that they shall have the benefit intended for them at the periods designated. If he or any other trustee, with even the best intentions, place the fund in other hands, without the directions of a competent court or other legal authority, he does it at his peril, and must answer it to the person entitled. There are many cases in the books where the executor has been charged a second time (523) under circumstances of great hardship. It is upon the principle that he cannot, for his own ease, make another person the debtor or trustee for the legatee, when he was not compelled or compellable to it. Such is the case here. The payment was made to the guardian, who had not then, and never could have, authority to received it. His office would necessarily expire before the legacy could arise, which could only be when the legatee would have capacity to receive it himself and give an acquittance for it. That the payment to the guardian, under these circumstances, is not conclusive on the legatee seems to follow from this, that it is not a payment to the legatee either in fact or in law, on which *416 he would be chargeable to all purposes with the sum, as having been received by him. Suppose the petitioner had died after the payment, and before 21 — the legacy, as having lapsed, would be redemandable by the executor or a remainderman, if limited over. From whom could it be required? Certainly not from the administrator of this legatee; because he had never a right to receive it, nor ever in fact received it. The resort must have been to the guardian by whose hands it was received and is held, and to those who have bound themselves for him, if there be such. If the general estate of the legatee would not be liable to refund it, the consequence seems a necessary one that until the value came in fact to his hands his legacy is not satisfied. This seems to have been in effect admitted by his Honor, as the decree rests principally upon the ability of the petitioner to obtain satisfaction from the sureties of his guardian. If that could operate at all against the petitioner, it would only be as a temporary restraint until he had made the effort, and tested its success; which could authorize a decree dismissing the petition, and thereby establishing it now as a perpetual and conclusive bar. But it seems to us that it does not affect the petitioner more in the one way than in the other.
(524) It is very true that the petitioner would have a remedy against the guardian personally, upon his actual receipt of the money, and so with the defendant, upon his having to pay it a second time. But it is admitted that the guardian died insolvent, so that the right of recourse to him is a vain one. It is, however, stated that his sureties are of ability and responsible. It is a question whether they would be liable, since the money, at no time during the guardian's life, was the property of the ward. But admitting that a recovery could be made from them, because their principal received the sum under color of his office, and converted it, yet the defendant is also the trustee of the petitioner, and committed a breach of trust in paying over the legacy which he ought to have held in his own hands. A cestui que trust may follow the fund; but he is not bound to do so. He may, if he choose, take his recourse immediately against his trustee, and leave the latter to reimburse himself out of the fund, or from the party in whose hands he placed it, or those who are answerable for him. The responsibility of a trustee is not subsidiary, but primary, and the person entitled is not obliged to look further than to him. If the guardian or his sureties (supposing them bound) were before the Court, it would be just that the decree should, in the first instance, call the money from these who will be ultimately liable for it; but the plaintiff is under no necessity to make them parties, as he has a distinct and complete case against the defendant and may at his election take his relief against him exclusively. For *417 these reasons, the Court deems the decree erroneous, and reverses it, and thinks the plaintiff entitled to a decree for the value of his legacy, with interest from the filing of this petition, with costs.
PER CURIAM. Decree reversed.
Cited: Guyther v. Taylor,
(525)
