Leggett v. Doremus

25 N.J. Eq. 122
CourtNew Jersey Court of Chancery
DecidedMay 15, 1874
StatusPublished
Cited by4 cases

This text of 25 N.J. Eq. 122 (Leggett v. Doremus) is published on Counsel Stack Legal Research, covering New Jersey Court of Chancery primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Leggett v. Doremus, 25 N.J. Eq. 122 (N.J. Ct. App. 1874).

Opinion

The Chancellor.

Goline Doremus, who died about April 1st, 1873, by his will gave and devised .to his son Charles the use and occupancy of a certain lot of about half an acre of land in Bloomfield township, in the county of Essex, with the buildings and improvements thereon, during Charles’ natural life, free and clear from all encumbrances, and after Charles’ death, to the surviving children of Charles, in equal shares. The will also provides that the land may, nevertheless, be sold and conveyed in the lifetime of Charles, by his consent in writing, .at the discretion of the executors, and that if the sale should [123]*123be so made, the net proceeds thereof shall be considered and disposed of as part of the residue of the testator’s estate ; which residue he, by the will, gave and devised to his executors in trust, to be held by them after the decease of his wife, and the net interest or income thereof to be paid or appropriated at their discretion, for the support of Charles and his family, during the lifetime of Charles; after his decease such residue is to be equally divided between the surviving children of Charles. The executors named in the will are, the testator’s wife, his son Charles, Joseph K. Oakes, and Thomas C. Dodd, all of whom, except the widow, proved the will. The complainant, on the 25th of July, 1873, recovered a judgment in the Circuit Court of the county of Essex, against Charles and his son Michael, for the sum of $686.26, and on the 5th of August, of the same year, issued a fieri facias de bonis et tends, and caused it to be levied on the right, title, and interest of the defendants in the land above mentioned. The bill alleges that sufficient goods and chattels of the defendants not being found, the sheriff, in order to satisfy the judgment, has advertised for sale the right, title, and interest of the judgment debtors in the land, but that the complainant is apprehensive that Charles will, for the purpose of putting the property beyond the reach of the complainant, and to hinder and defeat him in the collection of his judgment debt, consent and procure, unless prevented by this court, a .sale and conveyance of the property before it can be' sold under the execution. It further states that, if such consent should be given, and the executors should sell and convey the premises, the complainant will be defeated in the recovery of his debt, and the proceeds of the premises will be placed under the control of Charles, and put beyond the reach of the complainant and the other creditors of Charles. The bill prays that Charles and Michael may be compelled to pay and satisfy the judgment and execution, or to refrain from hindering and defeating the satisfaction thereof, by procuring a sale by the executors, and that Charles may, to the end that the property may be sold under the execution, be restrained [124]*124from consenting to a sale by the executors. On the filing of the bill an injunction was granted, and motion is now made to dissolve it, on the ground that there is no equity in the bill.

The claim to relief is based on the ground that the power to consent to a sale by the executors, is a power appendant, and that the judgment against Charles, works an extinguishment of it. The bill, however, alleges that the executors can make a good title notwithstanding the judgment, and its object is, obviously, not to prevent a cloud upon the title to be-acquired under the judgment and execution, but to prevent the executors from selling the property under the power given by the will, in order that the complainant may thus, by sale-of the life estate, be enabled to collect the amount due on his-judgment. Why should the court do this ? The trust did not proceed from the debtor, nor is any fraud alleged. The-bill does not seek to reach any equitable interest of the debtor, but merely invokes the restraining power of the court in aid of the levy made upon a legal estate, not with a view -to removing a fraudulent encumbrance, or vacating a fraudulent conveyance, but to prevent the exercise of a power by the executors, a power with which they were invested by the-testator for the purpose of protecting his bounty, and securing R to the objects for which it was bestowed, and to the persons-whom alone he intended to benefit by it. The testator, in-making this provision for sale, probably had in view the very contingency now presented — the effort of a creditor of Charles-to subject the land to the payment of his debt. It is manifest that he intended to secure the property, or the proceeds of it, to the support of Charles and his family, beyond such contingency. If the complainant’s judgment has indeed deprived Charles of the power to consent, there is no occasion for this suit. Said Lord Eldon, in Thorpe v. Goodall, 17 Ves. 388, where a bill was filed,by the assignees of a bankrupt, who was seized for life, with a general power of appointment, with remainder in default of appointment to the heirs of his body, to compel him to execute the power of appoint[125]*125ment for the benefit of his creditors, “ If the estate of the bankrupt has passed under the assignment, so that the power is destroyed, then there is no occasion for this bill. If the transfer of the life estate has destroyed the power, according to the reasoning of Mr. Sugden in his book, (which is in many respects excellent,) that as it is a power, in a sense, coupled with an interest, that interest has so passed under the assignment that the power no longer exists, then the plaintiffs have nothing to do here.” On the other hand, if the levy has not deprived Charles of the power to consent, (and that is the view presented by the bill,) on what ground can the aid of this court in the premises be successfully invoked ? In Wetmore v. Midmer, 6 C. E. Green 242, a case somewhat similar to this, a judgment against a life tenant was held to be subordinate to an absolute power of sale vested in executors. I u that case, the testator, by his will, gave to his son a life estate in his mansion-house and part of the grounds belonging to it. Subsequently in the will, he authorized his executors to sell and convey all or any part of his real estate. It was held by this court, that under that provision the executors had power to sell and convey in fee the mansion-house property devised to the son for life, and, that their deed conveyed to, and vested in the grantee, the premises free of the life estate. Bacot v. Wetmore, 2 C. E. Green 250. The will was proved in 1852. In 1851 a judgment had been recovered and was still subsisting against the son, for a considerable sum, in the Supreme Court of this state. The executors sold the mansion-house premises in 1852, and in 1869, under an alias execution issued on the judgment above mentioned, a levy was made on that property. It was held that the subsequent power in the will to the executors to sell all or any of the lands devised, must prevail over the former devises, "which must be taken as subject to this power arid its execution, and that therefore it followed that the judgment and execution must be subordinate to the absolute power of sale vested in the executors. In the present case the devise is of the use and occupancy of the land to Charles for his life, free [126]*126from all encumbrances, with remainder to his surviving children in equal shares, with power to the executors to sell and convey the property in Charles’ lifetime, notwithstanding that devise, at their discretion, but not without his written consent.

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Bluebook (online)
25 N.J. Eq. 122, Counsel Stack Legal Research, https://law.counselstack.com/opinion/leggett-v-doremus-njch-1874.