Bank v. Dudley

86 S.E. 307, 76 W. Va. 332, 1915 W. Va. LEXIS 124
CourtWest Virginia Supreme Court
DecidedMay 25, 1915
StatusPublished
Cited by4 cases

This text of 86 S.E. 307 (Bank v. Dudley) is published on Counsel Stack Legal Research, covering West Virginia Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Bank v. Dudley, 86 S.E. 307, 76 W. Va. 332, 1915 W. Va. LEXIS 124 (W. Va. 1915).

Opinions

JUDGE:

The decrees complained of on this appeal were made and entered in a suit brought by the executor of the will of J. W. Dudley, for the sale of the real estate of which he diecl seized and possessed and settlement and distribution of his estate among the devisees and legatees, after the payment of his debts, the personal property being insufficient to pay the indebtedness, and the will having ordered the sale of part of the real estate. The widow of the testator is the appellant and she complains of the refusal of the court to permit assignment to her, of her dower in kind, in a tract of about ten acres of land in the city of Parkersburg, known as the home place, on which the mansion house of the testator is situated, ' apportionment to her out of the proceeds of the sale of said [334]*334real estate, of a smaller sum than she thinks she is entitled to, as and for the gross sum in lieu of dower allowed her by law, in case it shall be held that the land was properly sold, and the appointment of a receiver to take charge of said real estate and oust her from the possession of said mansion house.

No provision for the widow was made in the will by Dudley, Avherefore she renounced the provisions thereof, in so far as they affect her, and claimed her dower in the real estate of which he died seized. This consisted of a tract of land in Wirt County, some parcels of land in Wood County, the home place in the city of Parkersburg and another piece of city property. Knowing himself to be heavily indebted, the testator directed his executor to sell all of his real and personal property, except the home place, and convert the same into cash, which, so far as necessary, was to be applied to the discharge of his indebtedness. Part of the home place, about three and one-half acres, was used for the purposes of a partnership business conducted by the testator and one of his sons, C. P. Dudley, the firm name being J. W. Dudley and Son. They were florists and their greenhouses were located on that portion of the home place. 'The whole of the home place was incumbered by a debt of $10,000.00, secured by a deed of trust in which the wife had joined. This debt, with its interest, was ascertained in this cause to be $11,823.33, and the unsecured personal debts of Dudley were found to be $13,589.30, making his entire indebtedness $25,412.62. The stipulation filed for the purpose of the appeal shows the existence of a firm debt amounting to $3,064.58, which, added to the personal indebtedness of J. W. Dudley, makes' $28,477.21, as the aggregfffte of personal and firm indebtedness for which the estate is liable.

As to all the real estate except the home place, the widow elected to take her dower in money, but asserted her right to have dower in kind in the home place, so assigned as to include the mansion house, if it should be possible, in view of the indebtedness of the estate, so to allow it to her.

The real estate other than the home place was sold separately for the following amounts, respectively: The Wirt County land $2,218.83, the First Street property in Parkers-burg $915.00, and parcels in Wood County, other than the " [335]*335Rome place, $1,673.00. Out of the aggregate of this amount, the widow was entitled to about $960.00, on account of her dower, leaving about $3,850.00 to apply on the indebtedness. At the time the commissioner made up his report, there was in the hands of the executor $1,869.38 which had been derived from the personal estate. Neither then, nor at the date of the sale, nor at this time, so far as the record shows, had the financial condition of the firm, J. W. Dudley and Son, been ascertained, and what amount coming from that source will be available for relief of the real estate is not known. But, under a decree of sale, made and entered on the 10th day of June 1913, providing for the sale of the firm property and the home place, the former sold for the sum of $22,850.00 and the three and one-half acres of the home place, covered by the greenhouses of the firm, for $9,500.00, a total of $32,350.00. At that sale, the widow offered $4,000.00 for the home place, but her bid was rejected, and, it was subsequently sold to Lysander Dudley and William Dudley, sons of the testator and beneficiaries of his will, for the sum of $7,000.00.

In view of these facts and upon the assumption of nonexistence of firm indebtedness, other than the $3,064.58 to which reference has been made, the widow filed a petition in which she again prayed assignment of her dower in kind in the home place. In it, she set forth a calculation, based upon the facts herein stated and others claimed, by which she endeavors to show sufficient assets, exclusive of the proceeds of the six and one-half acres, to pay all of the indebtedness and thus make possible the assignment of her dower. The proceeds of the firm assets, less the firm debt of $3,064.58, amount to $19,785.32, one-half of which, $9,897.76, would be available for the purpose, provided there are no other firm debts. To this must be added the proceeds of the three and one-half acres, $9,500.00 and the $3,850.00, derived from the sale of other real estate, after deduction of the dower interest therein. This would make something over $23,000.00 and leave for expenses of the suit the fund in the hands of the executor, derived from the personal estate, amounting to about $1,700.00. The petition further claims two of the debts amounting to $1,215.59 had been paid, that L. Dudley is liable for nearly $900.00, part of two of the other debts, [336]*336"William Dudley for $1,191-25, part of another debt, and Albert G. Dudley for $605.61, part of another, and that still other debts, amounting to about $500.00, will ultimately be paid by other solvent persons, so that the indebtedness will be reduced to about $21,000.00. The court refused the relief prayed for in the petition. Later, the commissioners reported that they had been offered $3,255.00 by the widow, for three lots, including the mansion house, and $3,575.00, by another party, for the residue of the six and one-half acres, and that they had sold both to Lysander Dudley and "William Dudley for the sum of $7,000.00. Thereupon Mrs. Dudley excepted to the report of the sale, assigning, as grounds for her exceptions, error in decreeing the sale, without first having set off her dower .to her, refusal of the court to assign her dower or provide for the payment of a sum in gross in lieu thereof, before ordering the sale. But the court overruled her exceptions and confirmed the sale of the six and one-half acres for $7,000.00 and also the sale of^the other parcels of land.

In a later decree, the basis of ascertainment of the gross sum to be paid to the widow, on account of her dower in the home place, was stated as follows: “The costs of suit and expenses of sale shall be first provided for and paid and the residue of the proceeds of the real and personal estate of J. W. Dudley except from said home place, shall be paid pro rata on all the debts of J. W. Dudley including the mortgage debt aforesaid herein before decreed a lien on said 10 acres. The residue of said mortgage debt shall be paid out of the proceeds from the sale of said 10 acres and the widow shall have her dower in cash in the residue of the proceeds arising from sale of said 10 acres after said mortgage debt has ' been fully paid.”

The delay incident to a full and complete settlement of 'the firm business and distribution of its assets is urged as justification of the action of the court in ordering the sale of the real estate, without having previously caused the dower to be assigned.

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Cite This Page — Counsel Stack

Bluebook (online)
86 S.E. 307, 76 W. Va. 332, 1915 W. Va. LEXIS 124, Counsel Stack Legal Research, https://law.counselstack.com/opinion/bank-v-dudley-wva-1915.