30 Ga. 446 | Ga. | 1860
By the Court.
delivering the opinion.
The only question in this case is this, whether the appointment of the plaintiff, Ephraim Tweedy, as trustee, by his wife Isabella, the cestui que trust is a good appointment, and is sufficient to vest in him the legal title to the trust estate ? The Court below on the application for anew trial, held that the appointment was not, and did not clothe him with the legal title to the trust estate, and granted the new trial on that ground. Which decision was excepted to, and the cause comes before us for review on that single ground. It is insisted by counsel for the defendant in error, that the appointment was void, because the husband was excluded by the terms of settlement, and that it is prohibited by law, that is, that as the appointment was the subject of, or matter of contract, and as the husband and wife were one in law, the contract was void, and that the appointment was made in lieu of McBride instead of Garvin, the trustee named in the marriage settlement. In reply to these objections, or rather arguments, for they constitute all that can be said in support of the decision complained of, we say:
2. But if the husband is not excluded by the deed from the appointment, does the law exclude him, or in other words, is the appointment by reason of the relation of the parties void ? Most assuredly not. In all these cases when the separate property of the wife is not in the name of any trustee, the law deems the husband as the trustee. Story Eq., 1830. Then, where the trust is vacant, and the husband in consequence is deemed the trustee, why should the appointment by the wife be bad, when she does that only which the law declares without ? Independently of this, “ in equity the wife may bestow her separate property by appointment, or otherwise, upon her husband as well as upon a stranger.” Story Eq., 1395. If she may do this, why may she not appoint him trustee ? That this is so in equity, does not alter the question, for it is but a question of power and of right, and if allowable in equity, and been exercised, the appointment, when made, becomes a legal right, and must be so recognized by the Courts of Law as well as of Equity.
3. That the appointment was made in lieu of McBride instead of Garvin, makes no sort of difference; the trust was
4. So we think the appointment was rightfully exercised, and vested the legal title in the appointee, and that the new trial ought not to have been allowed.
Judgment reversed.