159 Ga. 277 | Ga. | 1924
Antoinette L. Turner died testate in 1887. By the second item of her will she gave and bequeathed to her husband, John P. Turner, all her property during his life, but at his death to be equally divided between her children. By the third item she provided that if her “executor at any time thinks it best for the interest of” her “family to dispose of any of” her “property, he can do so by replacing other property for the children.” On September 4, ■ 1901, the husband as executor, sold the lands of the testatrix to James W. Estes, at private sale. The husband died on October 31, 1922. Plaintiffs, who are remaindermen under item two of this will, brought the present suit, after the death of the life-tenant, to recover a portion of the lands of testatrix devised under that item. They base their right to recover on the ground that the deed of the executor was void so far as the interests of the remaindermen were concerned, because the executor sold at private sale. It is conceded by counsel for both parties that the sole question for decision is whether the executor could sell or dispose of this property at private sale, and thus defeat the rights of the remaindermen in the lands of the testatrix. The court below held that, under the provisions of the will, the executor could dispose of this property at private sale.
So we are called upon to decide the single question whether the executor, under the provisions of this will, could sell the lands of testatrix without advertising and selling them at public outcry. The executor is given full power to dispose of any of the property of the testatrix. The requirement that he shall replace any of her property which he may dispose of by other property, for the benefit of the children, does not limit this full power of disposition. A naked power of sale goes no further than dispensing with the necessity of an order to sell. Turner v. Peacock, 153 Ga. 870 (3)
The power to dispose" of property is greater than a mere power to sell property. Under this power the executor could exchange any property of the testatrix for other property. He could dispose of the property of the testatrix at any time he thought it best for the interest of her family. This he could not do, if he were confined to the slow process of public sale, which would have to be made after due advertisement, and at the time and place prescribed by law. His discretion in this matter was not confined merely to the determination of the question whether it was best for her family to sell this property, but this discretion likewise extended to the manner of sale. When we take into consideration the fact that the executor was- the husband of the testatrix and the father of the children, and that the husband and the children were the sole beneficiaries of her bounty, we think she intended by the lan