51 Miss. 172 | Miss. | 1875
delivered the opinion of the court.
Mr. Musson, surviving partner of the commercial partnership of Jno. Watts & Co., prosecutes this suit against the administrator de bonis non with will annexed of the late Mrs. F. M. Torrey, deceased, and her heirs, and devisees, to collect a debt of $26,648.74.
At the time the debt was contracted Mrs. Torry was feme covert, the equitable owner of a large estate in Bolivar county, consisting of lands, slaves, stock, etc., devoted to the production of agricultural crops. In contemplation of marriage with Gr. Gr. Torrey, Mrs. Torrey, then Mrs. F. M. Walker, entered into an antenuptial contract, which recited that the marriage was thereafter shortly to be solemnized, and that Mrs. Walker was seized of a large estate, real, mixed and personal, in the state of Arkansas, and that Torrey was seized of a large estate in Mississippi; and that notwithstanding the marriage, they shall have no claim whatever, either in law or equity, the one upon the aforesaid separate estate of the other, or upon the rents, issues and profits thereof, but the same shall remain and continue, and be to them respectively and severally, or to such uses as they shall severally think fit and appoint. The indenture, then conveys to Abner Gaines,
Mrs. Torrey made a last will and testament which was duly proved and admitted to record. By the first six clauses thereof, various legacies are given. The seventh is to this effect: “ Before the distribution of the above named property, I instruct my trustee to keep together, and manage all my property until all my just debts are paid, and then to transfer the above legacies to the legatees respectively, or their duly authorized agents or representatives.” The eighth clause directs, after payment of just debts,a sale of certain property in Arkansas and Mississippi, and the distribution of the proceeds among certain persons named. The same direction is given as to after acquired property. Tibbills was appointed to execute the will as her “friend and trustee.” The record is very voluminous, chiefly on account of the length of the pleadings and exhibits thereto. Numerous suits were pending at law by the creditors against the personal representative of Mrs. Torrey. These were suspended, and the parties were allowed to come in and exhibit their debts in this suit. It will be perceived that the object sought by the complainant was to charge his debt upon Mrs. Torrey’s equitable estate in Bolivar county, being the property conveyed by Torrey to Gaines, trustee. It is alleged in the bill that the slaves have been emancipated, and most of the personal effects destroyed, so that but little more remains than the “Perthshire ” plantation. The defendants demurred .to the bill, which was overruled. In their answer they insist that the debt is not obligatory upon Mrs. Torrey, nor ought it to be a charge on her property, because it was not contracted for any of the purposes, nor upon any of the considerations named in the married woman’s law of 1857; and, secondly, if that statute does not apply, then they aver that the debt was not incurred for
“ I approve the above. (Signed) G. G. Torrey.”
Tbe first and important question is, whether Mrs. Torrey’s liability to her creditors is to be determined under the statute of 1857, or under the unwritten law as administered in courts of equity in reference to the equitable estates of married women, and their power over it. If under the former, the debt must be of one of the classes enumerated in the statute. If the property ■sought to be charged is held under the statute, then she has only a limited power over it. She is, in effect, discovert so far as the statute enables her to contract; but subject to disability beyond that. The most prominent policy promoted by the statute, and ■similar ones in the other states, was to abolish the common law property relations established by marriage, so that the wife’s personal effects and choses in action should not become the property of the husband, but continue her property, and the income as well as the seizure of her real estate, should remain her own, notwith
The statute, to a large degree, abrogated the rights which the marriage conferred upon the husband at the common law, and retained to the wife the title, with a limited right of subjecting her property to her personal contracts. As compensation to the husband, he-was released from the duty of paying her antenuptial debts. The paramount and controlling motive of the statute was to retain to the married woman what she had at the marriage or might after-wards acquire, notwithstanding the coverture, so that it did not become in any wise the property of the husband, subject either to his control or his debts. But whilst the statute declared that these property relations should attach on marriage, it left all who contemplated marriage, and their family or friends, free to create such interests in property by settlements as prudence and the exigencies of each particular casé might require ; so, too, testators were free to devise property on such terms of enjoyment, on such uses and trusts, as their inclination or judgment might dictate. The jus disponendi, which is incident to ownership, may be executed to ere' ate such trusts and uses in property as the donor may choose to bestow upon the beneficiary. These statutes, which secure to
We conclude, therefore, that the married woman’s statute of 1857 does not apply to equitable estates held by married women, under settlements by deed, or devise, and that the class of contracts which she is enabled to make by the statute is not the criterion of her capacity to bind her equitable estate — but we must consult for the rule on that subject, the principles which have been from time to time developed and adopted as part of the equity system of trusts. We must accept for our guide and authority the unwritten Law of Equity Jurisprudence, and not the statute. It may be observed that Mrs. Torrey held the Bolivar county plantation, and other property conveyed by Torrey to Gaines, trustee, with the same measure of right as expressed in the antenuptial settlement. That settlement placed the use and enjoyment of the property and its income to “ her sole and separate use,” or to such persons as she may appoint under “her hand,” or by “ last will,” * * “ and the said Torrey shall not meddle therewith, and the same or any part thereof shall not be liable to his (Torrey’s) control or disposal, but shall remain wholly in the power and at the disposal of Mrs. Walker.” She took an absolute, unrestricted, equitable estate in fee, subject to her exclusive control and disposition. How far then is such an estate liable for the debts of Mrs. Torrey ? The prominent idea pervading the marriage settlement is, that each party shall retain
Counsel have presented most able and elaborate arguments, rich in learning, on the general subject of the power and capacity of the feme covert, to impose the burden of debt on her separate equitable estate. But it is not necessary for the decision of this case to go into that subject. The decisions of this state, it may be remarked, are not harmonious on that subject.
Decree reversed, and cause remanded.