Holland v. Adams
Holland v. Adams
Opinion of the Court
This is a bill by the son of Samuel M. Holland, deceased, to recover a sum of money placed in the hands of the defendant Adams, under the circumstances hereinafter stated. The case is set down to be heard on bill and answers, which disclose substantially the same facts set forth in the case of Holland v. Cruft, just now decided, ante, 162. Cases arising out of this same will have formerly been before this court, and will tend to illustrate these cases. Adams v. Cruft, 14 Pick. 16. Holland v. Cruft, 20 Pick. 321.
In this suit, the plaintiff claims one fifth part of the proceeds of the sale of the mansion-house. The will contains an authority, and even a recommendation, to the administrator with the will annexed, to sell all the real estate of the testator, and convey and pass deeds of the same, after the payment of his debts, for better investment. For some reason, it seems to have been thought that this authority was not sufficient; and in 1825 an application was made to the legislature, and a resolve passed, authorizing Edward Cruft, who in fact had become administrator with the will annexed, to sell the mansion-house estate, first giving bond at the probate office, and rendering an account after the sale; the widow joined with the administrator thus specially empowered by the resolve, in selling the mansion-house; Craft rendered an account at the probate office, showing the net balance of the sale, after deducting necessary charges, to be $15,593.52; and by a decree of the probate court, on the petition of the widow and children of the testator, Cruft was directed to invest the proceeds of the sale in the Massachusetts Hospital Life Insurance Company, for the use of the widow for
The answer of Adams admits the material facts, and that demand has been made by the plaintiff for the money, which he has declined paying until ordered by the court, whose protection he seeks; sets up a claim made by Aaron D. Weld under an assignment from Samuel M. Holland; also a claim of Laura P. Hoi-, land, as administratrix of the estate of Samuel M. Holland; a claim of the other three children of Samuel M. Holland ; and submits all their respective claims to the court. Aaron D. Weld makes his answer, pnd sets forth his claim as assignee of Samuel M. Holland. Laura P. Holland makes her answer, and as administratrix of the estate of Samuel M. Holland, and in behalf of his creditors, claims the sum in the hands of the trustee, for the benefit of his estate.
Most of the principles of law and equity necessary to the decision of this case have been decided in the cases above cited, and more especially in the case of Holland v. Cruft, argued and decided with the present case.
The fund in the hands of the trustee proceeded wholly from the sale of the mansion-house. The mansion-house was devised to the wife for life, remainder to the five children severally, one fifth each, in tail. It was rightfully converted into personal property, either by the power given by the will, or by the license granted by the resolve; but, in either case, not for any purpose of changing the destination of the property in beneficial use, but for better investment. The proceeds, first in the hands of the administrator, afterwards in the Hospital Life Insurance Company, and again when paid out by them to Adams, the trustee, pursuant to the decree of the probate court, were, in
It was argued that, when real estate is once converted into money, for any purpose, it becomes personal to all purposes, and from the time of such conversion will pass as personal property, and the case of Emerson v. Cutler, 14 Pick. 108, was cited. But that affords no authority for any such general position. On the contrary, it was the sale of the vested real estate of a minor by her guardian, under license, and it was held, we think rightly, that the proceeds became her personal property. It was not the less her property, because she was a minor under guardianship; though that afforded a good reason why she did not conduct the business personally. The estate was hers absolutely, and therefore, from the moment of the sale, the proceeds, in money or securities, were her property and her choses in action, as owner. The
As a general rule to be deduced from the cases, we think that in case of such conversion of real into personal estate, to stand in place of the real, as more beneficial to the parties, without changing the beneficial destination, the character thus impressed on the money will attach to it, until it reaches one who, if it had remained real estate, would take it beneficially, that is, to his own use absolutely, or with a power, like that of tenant in tail in possession, to dispose of it absolutely, or make it his own to all purposes, and it will then be his absolutely.
It was argued, that as the widow, holding the life estate, and Samuel M. as the next tenant in tail, could have united to bar the entail, and to convert the estate to their own use absolutely, by uniting in a deed of conveyance of the same in fee, they may be considered as having done the same thing, equitably, by uniting in a petition to the legislature to authorize and license a sale of the mansion-house estate, and by the sale made in conformity thereto. But we think, however plausible this argument may be, that it is not sound, and will not sustain the conclusion, for several reasons:
1. Because Cruft had full power under the will to sell and convert the estate into money, without a license, for the purpose indicated in the will, and not for the purpose of defeating it; and perhaps there is now no sufficient ground for holding that the title, made by the deed of Cruft to the purchaser, depends upon the license granted by the legislature, rather than upon the power given by the will.
2. But in the second place, we are of opinion, that the tenant for life and the remainderman in tail, in their petition, and the legislature, in their resolve, manifested no intention to bar the entail, or otherwise defeat any of the purposes of the will; on the contrary, they prayed that, when sold, the proceeds might be placed in a fund, the income to be paid to the widow during her life, and after her decease, the fund to be divided among the children of said John Holland, (all of whom were petitioners,) as named in said will, “ conformably to the provisions thereof.”
3. Because the petition, to which the resolve refers for reasons for granting the authority, recited the devise of the estate to the Wife for life, with remainder to the five children and the heirs of their bodies, which was a plain remainder in tail; and the legis.ature thus understanding the nature of the bequest, if they had the power, manifested no intention to authorize any different disposition of the proceeds, from that which the will had made of the real estate.
4. Because, as the law then stood, it required a strict compliance with the terms of the statute, to bar an entail. These were, a deed executed in presence of two witnesses, made upon a good or valuable consideration, by the tenant for life, and the next remainderman in tail, and acknowledged and recorded. These were necessary, in form as well as substance, to bring the case within the operation of the statute, and render the deed as effectual to bar the entail as a common recovery suffered by the same persons, at common law. And it is to be considered, that, although the distribution of the money into which the real estate was converted is a question of equity, yet when such equity depends on a question of title, such question of title depends upon rules of law.
Another argument somewhat relied on is, that the testator contemplated that the estate might perhaps be converted into money; that, if it had been a bequest in money, the gift of the use of the money to the wife, for her life, would have been good : that the gift over must have been an absolute gift; that the limitation to his children and the heirs of their bodies would have
The court are therefore of opinion that John Holland, the plaintiff, the son and heir in tail of Samuel M. Holland, deceased, is entitled to the money in question, against the claims of the
Reference
- Full Case Name
- John Holland v. Zabdiel B. Adams & others
- Status
- Published