Mutual Life Insurance v. Holloday

13 Abb. N. Cas. 16
CourtNew York Supreme Court
DecidedJuly 1, 1883
StatusPublished
Cited by17 cases

This text of 13 Abb. N. Cas. 16 (Mutual Life Insurance v. Holloday) 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
Mutual Life Insurance v. Holloday, 13 Abb. N. Cas. 16 (N.Y. Super. Ct. 1883).

Opinion

Yah Yorst, J.

This action is brought to obtain a judgment declaring a will made by Notley Ann C. Holloday, bearing date August- 22, 1873, to be void, and cancelled as casting a cloud upon the title of the plaintiff to valuable lands situated in the county of Westchester. The principal facts, important to be considered, may be shortly stated as follows:

The defendant, Ben. Holloday, during coverture with Notley A. C. Holloday, the testatrix, now deceased, [18]*18was the owner in his own right in fee of the lands called “Ophir farm.” In the year 1871 he entered into an agreement with his wife, by which he undertook to convey to her, through the intervention of a third party, the fee to the land, upon her executing at the same time a last will and testament devising the land to him, in the event that he should survive her.

Ophir farm, in pursuance of the agreement, wás conveyed to Mrs. Holloday, by her husband, through the instrumentality of a third person, and upon her acquiring title she made and executed a will by which she gave all her estate to her husband. The deeds and will were severally prepared by the same counsel who acted for the parties. The transaction was so consummated'in March, 1871. The deeds and will are component parts of one transaction. Subsequently, and in the year 1873 and shortly before her death, Mrs. Holloday, being still the owner of Ophir farm, executed another will, by the terms of which she revoked her will of March, 1871, and made an entirely different disposition-of the estate. The defendants other than Ben. Holloday, take under the second will.

On December 22, 1883, the will of 1871 was admitted to probate by the surrogate of Westchester county, who at the same time rejected the second will upon the ground among others, that the testatrix was not of sound and disposing mind when she executed it, and that the same was void and of no effect, whereupon its probate was refused.

In 1873, and after the probate of the will of 1871, the defendant Holloday, the devisee thereunder of Ophir farm, mortgaged the same to the plaintiff as security for the payment of one hundred thousand dollars advanced by it to him, of which some forty-eight thousand dollars and upward was for the purpose of and was used in the extinguishment of liens, by way of mortgages and taxes, existing on the property at the time [19]*19of the conveyance to the testatrix. This mortgage was afterward foreclosed, and to the foreclosure suit, as well the defendant Ben Holloday, as the devisees under the will of 1873 were made parties defendants, and under the judgment recovered therein the plaintiff purchased Ophir farm. The plaintiff thereafter entered into possession of the lands, and still holds the same, but has been unable to dispose of it by reasons of adverse claims of title asserted by or on behalf of the devisees under the second will.

An important step is taken towards the decision of this case when the conclusion is reached—as it must clearly be—that the agreement between Ben Holloday and his wife, above referred to, was valid and should be upheld in this court, and that the rights and interests intended to be secured thereby should be adequately protected and secured to the extent that a court of equity has ability to act.

An agreement, founded upon a good consideration, to devise land will be enforced in a court of equity by the promisor and his heirs (Parsell v. Stryker, 41 N. Y. 480). In this case the agreement to devise was made upon a sufficient consideration. In order, however, to obtain such relief, the agreement to make such devise must not rest upon doubtful evidence, but must be clearly and satisfactorily proven by competent testimony (Shakespeare v. Markham, 10 Hun, 311—Talcott, J.; Walpole v. Orford, 3 Vesey, 402).

In the case under consideration the agreement between Holloday and his wife was clearly established.

The principle above announced was lately applied in a case in this court, in many respects quite similar to the one before me. I refer to Sherman v. Butts' in the Fourth Department. I cannot find that this case has as yet been fully reported, but a copy of the opinion of Rumsey, J., delivered at the special term, has [20]*20been submitted, and in Ms concMsions I entirely concur. The judgment of the special term has been affirmed at the general term.

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Cite This Page — Counsel Stack

Bluebook (online)
13 Abb. N. Cas. 16, Counsel Stack Legal Research, https://law.counselstack.com/opinion/mutual-life-insurance-v-holloday-nysupct-1883.