20 Johns. 184 | N.Y. Sup. Ct. | 1822
delivered the opinion of the Court.
The plaintiff’s right to recover depends entirely on the effect of the discharge to John Pintará, and the assignment made to Cummings and Baldwin, under the insolvent proceedings in Mew-Jersey ; for it does not admit of a doubt, that the assignment, under the bankrupt act, by the commissioners of bankruptcy, to Moore and Farquhar, the assignees of Pintará, passed all the estate and interest of Pintará in the premises. The act repealing the bankrupt act, contained savings and provisos in favour of such cases as were then pending ; and this case was then pending.
The question is, whether, under the facts proved in this case, the Mew-Jersey assignees can, now, for the first time, after the lapse of more than twenty years, assent to the trust, and take under a deed, when, during all that period, they have never acted, nor accepted the trust conferred on them by the assignment of the 22d of May, 1798 ? I am of opinion that they cannot. It is necessary to the validity of a deed, that there he a grantee willing to accept it. It is a contract, a parting with property by the grantor, and an acceptance thereof by the grantee. An acceptance will be presumed, from the beneficial nature of the transaction, where the grant is not absolute. The presumption is not so strong, that the grantee accepts the deed, where he derives no benefit under it, but is subjected to a duty, or the per
Without examining the other points in the case, this is decisive against the plaintitf’s right of recovery.
Judgment for the defendant..