Paxton v. . Wood

77 N.C. 11
CourtSupreme Court of North Carolina
DecidedJune 5, 1877
StatusPublished
Cited by2 cases

This text of 77 N.C. 11 (Paxton v. . Wood) is published on Counsel Stack Legal Research, covering Supreme Court of North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Paxton v. . Wood, 77 N.C. 11 (N.C. 1877).

Opinion

Pearson, C. J.

The case was heard upon the pleadings and the facts set out in the statement of the case, and we concur with His Honor in the opinion that the plaintiffs did not make out a cause of action.

1. Judgment is demanded on the ground that there is a balance due to the plaintiff', E. JB. Paxton, as executrix of *13 Richard Paxton, on the two bonds mentioned in the pleadings. It is clear that the several amounts advanced to Mrs. Paxton were intended as payments, and aie to be so taken. It is not, however, so clear that the $895.00 which Mrs. Paxton says, in her letter, “ she was willing to take by way of compromise,” should not be considered as a balance still Hue upon the bonds.

YYe have come to the conclusion that the executrix cannot maintain an action for the $895.60 as a balance due on the bonds, for the reason, that the bonds were surrendered by her to the obligors to be cancelled, and were cancelled ; by which deed their existence was extinguished to all intents .and purposes, such voluntary ' surrender and cancellation having a legal effect entirely different from an accidental loss or destruction of the instruments.

Suppose Mrs. Paxton had executed to the obligors a formal release, that is, “an instrument of writing, sealed and delivered,” of her'cause of action on the bonds; there can be no question that the release could have been pleaded in bar of her action. The surrender and cancellation of the bonds have the same legal effect; both are deeds, the one in the restricted sense of “ an instrument of writing, sealed and •delivered,” the other in the general sense of “ a solemn act •done by the party and both are valid without a consideration, by reason of the solemnity of the act done. A deed of gift for a chattel passes the title; so, a gift accompanied by an actual delivery passes the title. No consideration is necessary in either instance, for both are “ deeds,” and no consideration is necessary to make them valid. A feoffment of land passes the title, although there be no consideration, for the act of “livery of seizin” is a deed, and although there be an instrument of writing sealed and delivered, setting out the limitations, conditions, &c., accompanying the livery of seizin, the title passes by the act'of making livery, and no writing or consideration is necessary. In conveyances *14 operating under the doctrine of uses, a consideration is-necessary to raise the use. This, however, is exceptional as is the necessity for a valuable consideration to make conveyances valid as against creditors under 13 Eliz., and purchasers under 27 Eliz ; but voluntary conveyances and voluntary bonds and all deeds, are binding between the parties». It follows that the deed in fact,to-wit, the surrender of the-bonds to the obligors, and the cancellation thereof, has the-same legal effect as a deed in writing, to-wit, a release of' the canse of action on the bonds, would have had.

The doctrine that payment of a part of a debt does not support an agreement to forego the collection of the residue,,, has no application to this case. That rests on the necessity for a consideration to support an executory agreement; otherwise it is not valid, being nudwm, pactum. Whereas we have seen that agreements executed and evidenced by a deed in-writing, or a deed in fact, are valid without any consideration.

2. A decree is prayed for declaring the defendants to be trustees for the plaintiffs as legatees, of the sum of $895.60-not collected by the executrix when she surrendered the; bonds (the other claim has been disposed of) on the ground that the obligors committed a fraud in procuring a surrender of the bonds without making payment in full. The two-causes of action are misjoined and are inconsistent, the one; being an action by Mrs. Paxton as executrix to collect the;' assets of her testator, the other being an action by Mrs. Pax-ton and the plaintiffs as legatees,- to follow the fund which, she failed to collect. Although the pleader has with much ingenuity confused the matter by the use of generalities, we-can hardly suppose even the liberality of C. C. P. will warrant the joinder of inconsistent causes of action. But pass-that by.

There is a misjoinder of parties, by making Mrs. Paxton-the plaintiff in the second action, when she is manifestly a- *15 necessary party as defendant; for she was the principal actress in the breach of her trust and fraud alleged, and must' be joined with the other defendants, who are alleged to have-concurred with her as coadjutors; otherwise we have this-singular state of things presented by the pleadings. The plaintiffs allege that they are - legatees under the will of' Richard Paxton and that one of them being executrix as. well as legatee, committed a breach of her trust as executrix with the knowledge and privity of the defendants ; and the principal in the breach of trust is made a plaintiff in an action to hold her accessory responsible in the first instance ; and she not only escapes being called to account for her delinquency, but seeks to charge the defendants by avowing' her own turpitude, and avers as one of the 'plaintiffs in the action, that at the time of the surrender of the bonds, she was insolvent and the obligors in the bonds had notice. She also avers that “she has committed a devastavit and is largely indebted to the legatees, and -was in 1871 adjudicated a bankrupt"!

Here we have proof that a mother to serve a child wilt “sacrifice herself.”

After full consideration we are satisfied that C. C. P. does-not warrant the joinder of the principal in an alleged breach of trust with the persons alleged to have been injured thereby, in an action against the parties alleged to have been accessory to the fraud.

Apart from this objection, we are of opinion, that the facts set forth in the statement of the case do not show a cause of action, that is, a sufficient ground on which the Court can declare the obligors to have committed a fraud in accepting the surrender of the bonds, and can make a decree by which they are to be converted into trustees for the plaintiffs.

After the introduction of uses into England, it became a settled principle that when a feoffment was made without consideration, and without a declaration of the uses or a *16 power of appointment, tlie feoffee holds to the use of the feof-for. This was put on the presumed intention of the parties. But the idea that the obligors in our case accepted .the surrender of the bonds, with an understanding that they -were to hold the funds for the use of the legatees, is so ridiculous, that it would not have beenalluded’to, but for the fact, that as the case is before us, that is the only ground on ■which the plaintiffs can put their case.

The testator was a man of large estate. Ilis widow was executrix and under the will was entitled to a part of his estate. The obligors who owed a large debt to the testator, ■due by two bonds upon which there had been many and divers payments, both before and after his death, on-the ■ written proposal of the executrix by way of

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Bluebook (online)
77 N.C. 11, Counsel Stack Legal Research, https://law.counselstack.com/opinion/paxton-v-wood-nc-1877.