Holly v. Hirsch

17 N.Y.S. 821, 70 N.Y. Sup. Ct. 241, 43 N.Y. St. Rep. 441, 63 Hun 241, 1892 N.Y. Misc. LEXIS 531
CourtNew York Supreme Court
DecidedFebruary 18, 1892
StatusPublished

This text of 17 N.Y.S. 821 (Holly v. Hirsch) is published on Counsel Stack Legal Research, covering New York Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Holly v. Hirsch, 17 N.Y.S. 821, 70 N.Y. Sup. Ct. 241, 43 N.Y. St. Rep. 441, 63 Hun 241, 1892 N.Y. Misc. LEXIS 531 (N.Y. Super. Ct. 1892).

Opinion

Patterson, J.

This action was brought for the specific performance of a contract for the sale of land situated in the city of New York; and the defense set up is that the defendant could not get a merchantable title, such as he should be required to take from the party plaintiff. The facts lying at the foundation of the case appear to be the following, viz.: Mr. Holly, as executor, etc., of Nathaniel Thurston under the terms of a power of sale contained in Mr. Thurston’s will, sold the land in question at auction to the defendant in the year 1890. Mr. Hirsch refused to complete the purchase. The specific objection he urged was that the donee of the power of sale never had the legal title to the premises, and consequently could not give a sufficient conveyance thereof. That objection arose out of the following circumstances: In the year 1879 one Martin W. Brett was the owner in fee-simple absolute of the land in question. On November 6, 1879, he contracted to sell that, with other lands, for a stipulated price to one John M. Pinkney, and the day fixed for the consummation of the contract by the delivery of the deed and the payment of the balance of the purchase money was the 6th day of December, 1879. Pinkney had paid at the time of the execution of the contract of sale [822]*822$1,000 on account of the purchase price. Mr. Brett died on November 22, 1879. He left a will, which was duly admitted to probate, and in and by such will he gave his executors a power to sell his real and personal estate at public or private sale, and at such times and on such terms and conditions as they should deem most for the benefit of his estate. As appears by the fifth finding of fact, Mr. Pinkney, after the death of Brett, paid or secured, in pursuance of the terms of the contract of sale, and to his (Brett’s) executor, the balance of the unpaid purchase money of the said land, amounting to about $49,000, and such executors executed and delivered to him a deed in the usual form of executors’ deeds for such premises.' Mr. Brett left several children and grandchildren, who were his devisees under the will. To some of his children proportionate estates in fee were given in his real estate; and as to others and several of his grandchildren trusts were created in what might be called their “shares.” Mr. Pinkney, after taking the executor’s deed, conveyed the land to one Dempsey, and Dempsey was the immediate grantor of Thurston, the plaintiff’s testator." At the death of Mr. Brett the situation of the parties to the transaction was this: Brett had been the trustee of the title for the purchaser, Pinkney; and the latter could have had, but for Mr. Brett’s death, a decree for specific performance on tender of the balance of the purchase money. It was a partly executed contract. Under such circumstances, the title to the land passed to the devisees of Brett, but subject to the right of the purchaser to demand a conveyance from such devisees on full performance of his part of the contract. This resulted from the provisions of section 45 of the statute of wills,1 which enacts that a bond, agreement, or covenant made by a testator for a valuable consideration to convey any property devised or bequeathed in any will previously made shall not be deemed a revocation of such provision, devise, or bequest, either at law or in equity, but such property shall pass by the devise or bequest, subject to the same remedies on such bond, agreement, or covenant for specific performance or otherwise against the devisees or legatees as might be had at law against the heirs of the testator or his next of kin, if the same had descended to them. That is merely to say that, notwithstanding the trust for the benefit of the purchaser, the title went to the devisees, subject to the right of Pinkney to claim specific performance; and the statute points out the precise way in which that may be required. Section 169 of the statute 2 enacts that the court of chancery shall have power to decree and compel a specific performance by an infant heir or other person of any bargain, contract, or agreement made by any party who may die before the performance thereof, by any person interested in such bargain, contract, or agreement, and on being satisfied that specific performance of such contract or agreement ought to be decreed or compelled. The deed was taken by Pinkney from the executors under their power of sale, and evidently in the belief that a complete title to both the legal and equitable estates could be conferred by the execution of such a power. And the precise point now involved is whether or not the executors had capacity, as the property was situated at the time of the execution of the deed to Pinkney, to make a conveyance under that power.

The point is made by the defendant in this action that the proper legal title could only be given by the devisees, and that the executors could not execute the power of sale as to this land, for the reason that it was taken out of the testator’s estate by the contract of sale, and that a good and sufficient deed to confer a valid record title—to which the defendant here would certainly be entitled—could only be given by the devisees under the will of Mr. Brett, and in accordance with the terms of the statute referred to. We think the concrete question arising in this case is to be disposed of by authority. We are not to decide it upon an equitable construction of the power given to the [823]*823executors of Brett’s will to sell land for any purpose which might seem to them beneficial to the estate. If we were able to treat it as an original question, and to determine it according to the equities, we might be able to hold that, when the executors made their deed and received the $49,000 balance of the purchase money, they entered into a new contract, and sold the land, and received the purchase money, within the purposes of the power granted for the benefit of the testator's estate. But we think that the whole subject has been disposed of by adjudications of the courts which seem to be absolutely binding upon us; and we do not regard what has been decided in those eases as being mere dicta, for it is evident that the learned judges by whom the eases to be adverted to were decided had in mind the precise point which is raised in this ease, and that the adjudications made, which we conceive to be binding upon us, were after full advisement, and thorough consideration of what was involved in them. The power of sale contained in Mr. Brett’s will seems to have been quite like that considered by the court in Lewis v. Smith, 9 N. Y. 502, and it was there held that a power of sale contained in a will, authorizing the executors to sell all the testator’s “fast estate,”—by which is meant, of course, landed property,—did not embrace lands which had been sold by contract by the testator in bis life-time, the purchase money being unpaid, and the title still remaining in him, at the time of his death. Or, in other words, it was held that under such circumstances the power of sale could not be used by the executors; that, as the interest which remained in the vendor was simply a right to the money due on the contract, it was not real, but only personal, estate, and therefore the power of sale would be inapplicable. But the question came up distinctly iij the case of Roome v. Philips, 27 N. Y. 357, and we are of opinion that that case is of controlling authority. We do not see that the observations of the court are to be regarded merely as dicta on the point now presented. That was an action for specific performance.

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Related

Roome v. . Philips
27 N.Y. 357 (New York Court of Appeals, 1863)
Lewis v. . Smith
9 N.Y. 502 (New York Court of Appeals, 1854)
Mutual Life Insurance v. Woods
24 N.E. 602 (New York Court of Appeals, 1890)

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Bluebook (online)
17 N.Y.S. 821, 70 N.Y. Sup. Ct. 241, 43 N.Y. St. Rep. 441, 63 Hun 241, 1892 N.Y. Misc. LEXIS 531, Counsel Stack Legal Research, https://law.counselstack.com/opinion/holly-v-hirsch-nysupct-1892.