Cheatham, Pearce & Co. v. Thornton
Cheatham, Pearce & Co. v. Thornton
Opinion of the Court
delivered the opinion of the court.
In May, 1880, W. H.j Thornton, husband of the plaintiff in error being indebted, made an assignment of all his goods to J. "W. Manden for the benefit of creditors, including plaintiff in error. Manden, after selling off a part of the goods, sold such of the stock as remained to Mrs. M. L. Thornton, the wife, upon credit. The bill of sale conveys to her sole and separate use, free from the debts of her husband, and retains a lien to secure the purchase money.
Mrs. Thornton took charge and carried on business in her own name, her husband acting as one of her "clerks until September, 1880, when plaintiff in error ■had execution issued and levied upon the goods. About
The circuit judge trying the case without a jury, gave judgment for. the plaintiff below.
The case was heard at the last term of this court and judgment reversed, and is now before us on petition to rehear.
Mrs. Thornton had no, estate at all, and the question' is, was the purchase by her valid, or did it enure to the benefit of the husband and subject the goods to the claims of his creditors?
"When Vanden became trustee and the creditors accepted under the trust deed eo instanti, a liability to the extent of the reasonable value of the goods was fixed upon him. If he improperly converted the goods or disposed of them, he made himself liable to creditors o.f Thornton for. their value. There is nothing in this record that intimates his insolvency, the deed relieves him from giving bond and the creditors have accepted.
In Meagher v. Hollenberg, 9 Lea, 387, it is said: “ The contract of a married woman, so far as it' is executory, is void by reason of her incapacity to make it. She may take title or an interest in property by a sale to her, and the vendor who retains a lien to secure the purchase money, may enforce it against the property.”
It is a rule in this State that, although the ex-ecutory contract of a married woman is void, it can only be so held upon her plea of coverture. Here she is insisting upon her contract.
We therefore think the holding at the last term was erroneous. The judgment of the circuit court is affirmed.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.