12 Mo. 3 | Mo. | 1848
delivered the opinion of the Court.
William Horn being seized and possessed of a large real and personal
A bill was fded by the heirs at law of William Horn, and the assignees of some of them praying an- account, and that the property might be decreed to them.
A demurrer to the bill was sustained, and the bill dismissed.
The important question in the case is what estate Polly Horn took under the will of her first husband; whether an absolute one, or only an estate for life.
It has always been held that an absolute power of disposition over property conferred by will, not controlled by any provision or limitation, amounted to an absolute gift of the property. A power to dispose of a thing as one pleases, must necessarily carry along with it a full property in it. Hence whenever property is conveyed by words conferring a power of disposition as one pleases, or as1 he may think best, it is in law an absolute gift of the property to'him on whom the power of disposition is conferred. A devise to B to dispose at his will and pleasure, gives a fee, and devises to dispose of for payment of debts, or to give, sell, or do therewith at pleasure, are held to give an absolute estate in lands. But a devise to a wife for life, and after her decease she to give the same to whom she will, passes but an estate for life with a power; yet if an express estate for life had not been devised to the wife, an estate, in fee would have passed by the other words. Barnwell’s exr., vs. Anderson’s admr., 3 Leigh, 356.
An express estate for life negatives the intention to give the absolute property, and converts the words giving aright of disposition into words of mere power, which standing alone would have been construed to convey an interest.
The case of Pearson vs. Otway, 2 Wil. 7, was relied on to show that a devise for life with a power of disposition at pleasure, gave an estate in fee. But in that case, the limitation was of an estate in tail, for it was to be enjoyed by the devisee without molestation, and after her death to her lawful issue. It is moreover to be remarked that the court in the case of Jackson vs. Robins, above cited, refer to this very case in support of the doctrine therein contained.
The case of Tomlinson vs. Dighton, 1, P. W. 149, so far from sustaining the ground assumed by the appellee, is a clear and full recognition of the law as above stated, both by the court and the counsel.
It is useless to look into the will to ascertain the intent of the testator. He has clearly given his wife a life estate by express words, with apower of disposition, which the law holds to be a mere power, and if not executed, the property at the death of the wife must descend to the heirs of the testator. None of the cases cited and relied on by the appellee, over
The rule above stated is applicable both to real and personal estate.
There are cases in which a party may avail himself of the statute of limitation by demurrer. Story, Sec. 503. But this is not a case in which the statute of limitation is applicable. No lapse of time is a bar to a direct trust, as between trustee and cestui que trust. An administrator being a trustee, cannot set up the statute of limitations in bar to the next kin or persons entitled to the distribution of assets. DeCouche, vs. Savitier, 3 J. C. R., 190; Kane, vs. Bloodgood, J. C. R., 126.
Under our system of law, which gives an administrator control over the real estate for some purposes, there is no multifariousness in a bill which seeks an account for rents and profits of real estate, and an account of personal estate.
In England, an heir and the personal representatives could not be joined in a bill for an account for obvious reasons, but that principle is not applicable in this State. Barnett received the estate as administrator ; there is then no form of action at law in which the personality could be recovered by the heirs and distributees of the estate.
The other judges concurring the decree will he reversed, and the cause remanded.