13 Ga. 165 | Ga. | 1853
By the Court.
delivering the opinion.
This bill was filed by Morris and his wife, against the trustee of Mrs. Morris, calling, upon him to account for the trust property which came into his hands as her trustee. The answer of the defendant is quite full, and denies the equitable claims of the complainants; shews that the trust property was greatly embarrassed by the debts of Morris, and that some of it had been sold by his judgment creditors, in satisfaction of his debts; that-suits had to be instituted for the recovery of the property, and much time, trouble, and money, was necessarily expended by the trustee in protecting the trust property, for the benefit of his cestui que trust.
On the trial, the trustee offered to prove, by competent evidence, offered for that purpose, what his time and services were worth in the management and protection of the trust property, which evidence the Court rejected.
Mr. Justice Story, in a note to his Commentaries on Equity, refers to the case of Manning vs. Manning, and declares, that “ he has not been able clearly to see, or so strongly to approve the policy of the rule” stated in that case ; for, says he, “No one can reasonably expect any trustee to devote his time or services, to a watchful care of the interests of others, when there is no remuneration for his services, and there must often be a positive loss to himself, in withdrawing from his own concerns, some of his own valuable time.” 2 Story’s Com. on Equity, 512, note to §1268. The rule, as established in Great Britain, and which Chancellor Kent considered authoritatively binding upon him, has been altered in this State, by the 12th section of the Act of 1764. Prince, 225. This Act contemplates compensation to be made to trustees for theh* extraordinary care, trouble, and pains, in the management of trust estates; therefore, the evidence offered, ought, in our judgment, to have been admitted.
We do not intend to say, that the testimony offered, is per se, evidence of payment by the trustee, without further proof of payment thereof by him; but we intend to hold, that the defendant had the right to introduce before the Jury, the evidence of Morris’ indebtedness, and then to prove payment thereof, if he could do so; and to the extent he proves such payment, will he be entitled to credit therefor.
Although we do not find it necessary to express any opinion in regard to the verdict being contrary to law and the evidence, yet, we think the weight of the evidence, as shewn by this record, was in favor of the defendant.
Let the judgment of the Court below be reversed.