Carrick's Admr. v. Cochran
Carrick's Admr. v. Cochran
Opinion of the Court
Opinion by
The testimony in this case sustains the conclusion of the lower court that the deed from C. G. Wallace to the appellee, Mrs. Cochran, dated April 8, 1878, and recorded on January 6. 1879, was not tainted by fraud and founded upon the adequate valuable consideration. The evidence clearly shows that her husband received from the sale of her land, which descended to her from her father, and as her portion of the personal estate, about $8,000. The testimony to this effect is uncontradicted. -It is also satisfactorily proved that when he did so it was the agreement that it was to be secured to her in the purchase of the land. It is true that the title to the property purchased with it was taken by her husband to
Before the appellant brought his suit and obtained his judgment upon which he now sues, the title to the property last purchased had been conveyed to the wife by the party from whom it had been bought, in accordance with the agreement made between her and her husband when he obtained her means, and which had always been recognized by them. The petition appears to allege that an execution issued upon it in 1877; but it distinctly avers that a judgment was rendered in June, 1879; and the conflicting statements must be taken against the party making them. Moreover, the sheriff who handléd the execution sustains this course. The interest in the livery stable property which was exchanged for the property now in contest is shown not to have been worth, at an extravagant estimate, over $8,000. In fact it is proved by Wallace, to whom it was traded in part pay for the land in contest, that it was not worth over $5,500; and both he and the appellee, Wm. Cochran, say that owing to certain facts, which they detail, both the stable interest and the land in contest were in the trade put at a fictitious value.
The fact that the husband gave his notes for the difference in the price of the land over and above the sum at which the stable interest was rated can not in view of the testimony in the case invalidate her claim to the land. Nothing has ever been paid upon the price of it save the stable interest, and it is probable that the lien for the balance may have to be enforced. In any event it is not now proper to decide what rights, if any, the creditor might have against the property if the husband should hereafter pay the unpaid purchase-money. The wife now presents herself in court as a defendant. It appears that until a short time previous to the conveyance to her she was ignorant of the fact that she had not been secured in the previous purchases and sales, and was finally informed of it otherwise than by her husband. She had an equity equal or superior to that of her husband’s creditor, which is now
Judgment affirmed upon both the original and cross appeal.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.