13 Ky. Op. 774 | Ky. Ct. App. | 1885
Opinion by
By the will of John Shuck, W. B. Harrison, executor, was authorized with the written consent of his five devisees to sell his estate and, subject to a provision for the widow, to divide the proceeds equally among his five heirs. But instead of doing so he brought an action for a settlement of the estate and a division amongst the heirs.
March 1, 1876, but whether before that action was commenced or while it was pending does not appear, Octavia Harrison, Fannie Cooley and Minerva McAfee, three of the devisees, and their husbands, Harrison being one, sold the home tract of one hundred sixty acres to Joseph and Finley Shuck, the other two devisees, for $8,000, to be paid in five years, together with six per cent, interest payable annually to W. B. Harrison, executor, and in writing covenanted to convey upon a compliance of the terms of the contract, a lien being retained for the purchase-price.
■In August, 1877, a report by commissioners of the value of the
In 1882, appellants, creditors of Joseph and Finley Shuck, had executions levied upon all their property, including the one hundred sixty acre tract. In an action subsequently brought by them, to which the other three devisees were made parties, they sought to subject the one hundred sixty acres to the payment of their debts. As the one hundred sixty acres which has been sold under an agreed judgment brought only about $8,000, not enough to pay the notes held by William Harrison, William Cooley and William
The court below adjudged that the entire balance of the three notes and interest given by Joseph and Finley Shuck for purchase-money should be first paid out of the proceeds of the sale, and the residue paid to the judgment creditors. In our opinion the judgment is correct, for not only are the owners of the three purchase-money notes equitably entitled to preference to the full amount of their debts, but they are entitled to a lien upon the entire tract in virtue of an express contract between them and Joseph and Finley Shuck made at the time and as a condition of the sale of their interest in the land, it being in terms stated in each note that the lien was reserved on the entire farm.
By the terms of the contract of 1876, there was to be one note only given for the purchase-price for the one hundred sixty acres, and that was to be given to Harrison, executor. But the judgment rendered subsequently directing the note so to be given to the three devisees instead of to the executor was in pursuance of an agreement to divide instead of selling the estate, and with a purpose of carrying out the intention of the testator to divide equally amongst the five devisees. To restrict the lien of the three devisees to less than the entire tract, and thereby defeat the collection of a portion of the purchase-price, would practically defeat an equal division of the estate of the testator, and to that extent nullify the contract between the parties as well as the judgment rendered in the action brought for a settlement and division.
It was not merely the individual interest of the three devisees in the one hundred sixty acres that formed the consideration for the notes given them, but they were, long before the execution liens existed, given in pursuance and consideration of a division and partition of the whole estate, the essential and inviolable condition of which was equality that can not be preserved without paying the full amount of the three notes and interest out of the proceeds of the land.
If Finley Shuck was entitled to a homestead exemption at all,
Judgment affirmed.