Morrow v. Morrow

2 Tenn. Ch. R. 549
CourtCourt of Appeals of Tennessee
DecidedOctober 15, 1875
StatusPublished
Cited by1 cases

This text of 2 Tenn. Ch. R. 549 (Morrow v. Morrow) is published on Counsel Stack Legal Research, covering Court of Appeals of Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Morrow v. Morrow, 2 Tenn. Ch. R. 549 (Tenn. Ct. App. 1875).

Opinion

The Chancellor:

— On the 10th of September, 1871, John Morrow died, leaving a will, which was proved and recorded on the 28th of the same month, and on the 2d of October, 1871, the complainant qualified as executor. The provisions of the will are, in substance, these :

Item 1st. “I direct that my funeral expenses and all my debts be paid, as soon after my death as possible, out of any moneys I may die possest of, or may first come into the hands of my executor.”

Item 2d. Provides for equality among his children in the final division of his estate.

Item 3d. Directs his home place to be sold, the proceeds to be used in furnishing a home for his wife during life, and his minor children during minority, and a reasonable support for two daughters named, until married, no deduction to be made from the shares of the children for advances under this clause.

Item 4th. “ I desire that my sons, William and John, go into partnership, and take charge of my stock in trade and my business, and I desire that the books of my business house be closed from the date of the probate of this will, and the balance found against William H. and John Morrow be brought into the new books against them ; and I desire that, should the said William H. and John Morrow remain in the business house, and give their time and attention to it, then William H. Morrow shall receive, as compensation for conducting said business, not less than two thousand dollars per annum, and John Morrow shall receive not less than one thousand dollars per annum, for services ; and, if fifty per cent, of the net profits of business shall exceed the three thousand dollars set aside as salaries, William and John Morrow shall be entitled to draw that per cent, in lieu [551]*551of salary, William Morrow drawing two-tenths and John Morrow one-tenth of said fifty per cent., and this shall be compensation for services ; and said William and John shall have power to employ such clerks and workmen, and pay them such salaries, as they may find necessary, and shall also pay such other debts and expenses as are necessary to carry on the business; and I desire the balance of the profits, after paying the salaries and necessary incidental expenses of carrying on the business, to go into the fund and be used in the way provided in the third clause of this will; and I desire that all the property I die possessed of shall stand responsible for the debts incurred in carrying on the partnership business provided for in this will.”

Item 5th. Provides for advancements by the executor to the children, as they come of age, to be accounted for in the final division of his estate.

Item 6th. “ I prefer that my estate shall not be divided until my youngest child, Hattie, is twenty-one years old, but should it become impracticable or improper to carry on the partnership business under the arrangement above provided for, then I desire that my business shall be closed, and my estate divided in accordance with the provisions of this will. The portions of the minors to be held and used for their benefit by W. H. Morrow as trustee.”

Item 7th. “ I desire that my executor shall have possession of the proceeds of the sale of my home place, and of my stock in trade and property, to be managed and applied as hereinbefore provided, and, when final distribution is made of my estate, I desire all my property to be converted into money, and distributed according to tfie provisions of this will, but that part of my estate going to my daughters I desire to be conveyed to them, or trustees for them, so as to secure the property to their sole and separate use, free from the debts, liabilities, and control of any husband they may have.”

Item 8th. Appoints W. H. Morrow executor, waiving the necessity of his giving bond.

[552]*552By a codicil, the testator directed Ms minor children to be liberally educated, the money thus used not to be charged against the share of the child. He also expressed a preference that, if his youngest child, Hattie, should die before arriving at the age of twenty-one years, his estate should be divided as soon as the youngest living child came of age.

The testator’s estate, at his death, consisted of his stock in trade, valued at $12,557.41, uncollected debts, many of them worthless, household and kitchen furniture, other personal property of little value, a store-house on Market street in Nashville, and his residence in Edgefield, with adjacent lots. His liabilities at the same’time were quite large, being estimated at $19,000. The complainant and John Morrow took possession of the goods in store and assets connected with the business, including the debts due the house, and continued to carry on the business of the store under the name of John Morrow & Sons, the stock and assets belonging exclusively to the estate. The result was, it seems, a loss of these assets. On the 5th of November, 1874, the executor suggested the insolvency of the estate, and on the next day filed this bill to transfer the administration to this court. He states the foregoing facts, and adds that “the estate of John Morrow was insolvent at the time of his death.” The bill is filed against the widow, children, and creditors of the testator, a schedule of the latter being appended showing debts existing at the testator’s death, and the debts since created, the most of them being of the latter character.

On the 13th of April, 1875, Newton McClure filed his petition in this cause, stating that he became bound as surety for the testator in his life-time on several notes described, and that he had recently paid the same, and asks to be allowed to become a party and receive payment of the amount due him “ out of the assets of said estate.” On the 18th of August, 1875, he files what is styled “the answer of Newton McClure ” to the above bill, “ and, also, the cross-bill of Newton McClure” against the complainant [553]*553and all the defendants to the said bill. This document is addressed to the Chancellor in the usual form prescribed for bills, and commences: “ Your orator would show unto your honor,” and proceeds in all respects as a cross-bill, and concludes thus : “ The premises considered, your orator prays to be permitted to file this as his cross-bill against the defendants before set out, and prays that they be required to answer the same; and that said cross-bill also stand for an answer to the original bill. And on the hearing your orator prays,” etc. The relief sought is that he be allowed a priority of satisfaction out of the assets of the estate over the creditors whose debts have been created since the testator’s death. The facts, other than those showing the nature of his claims, are substantially the same hereinbefore recited. The notes on which McClure was bound as surety were signed by the testator with the name of John Morrow & Son, and the cross-bill charges that the firm was composed of John Morrow alone. It further mentions the fact that McClure had previously filed his petition to be made a party to the cause, but was not at that time, nor until recently, informed of the fact that the testator had no partner.

To this cross-bill two demurrers have been filed by separate creditors. The object had in view, and the causes assigned, are substantially the same in both.

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Carter Bros. v. W. F. & R. T. Young & Co.
77 Tenn. 210 (Tennessee Supreme Court, 1882)

Cite This Page — Counsel Stack

Bluebook (online)
2 Tenn. Ch. R. 549, Counsel Stack Legal Research, https://law.counselstack.com/opinion/morrow-v-morrow-tennctapp-1875.