9 Ala. 933 | Ala. | 1846
The only question in this case is,, whether, at the present day, an insolvent debtor will be permitted to appropriate the proceeds of his labor to investments in real estate, for the advancement, or in the name of his children, in defiance of his creditors ? We are clear in the
The question then resolves itself into one of right, not of jurisdiction, and it is said the debtor has the moral right to appropriate the proceeds of his labor to the advancement of his children in preference to his creditors. Of the moral duty of the parent to provide for the support and education of his •children, there can be no doubt, and perhaps as little, that it is paramount to the obligation to creditors ; but the providing for support is quite a different thing from investing them with the title to property, which in-most, if not all cases, must necessarily "be a secret trust enuring to the benefit of the parent. The consequences which would result to society from the sustaining such a proposition, are conclusive against it. If one can secure the profits of his labor to his children, why not the profits of his trade, of his occupation, or profession ? Instead of attempts by honest industry or successful exertion to create the means to pay creditors, the children of debtors would be the exclusive beneficiaries of their efforts, and might never be aware that their parents were otherwise than rich. It is said if the debtor chose he might work gratuitously, and the creditor would have no right to complain, and that there
Decree affirmed.