Saunders v. . Haughton
This text of 43 N.C. 216 (Saunders v. . Haughton) 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.
Opinion
The first exception is that the master has charged against the defendants $350, the present value of 50 head of cattle and 50 hogs, which, *Page 144 from the evidence, were the offspring of the original stock which went into the possession of the widow as tenant for life twenty-four years ago.
The second and third exceptions are but corollaries from the first.
It is true, as a general proposition, that a tenant for life of personal property is entitled to the increment made during the course of the tenantry as a compensation for the trouble and expense of taking care of the original stock, and the executor, so far as the legatees are concerned, has discharged his duty when he assents to the legacy. The rule does not in this State extend to slaves, and when the property is of such a nature to be consumed in the use, quo ipso usu consumitur, a different rule of duty devolves upon the executor. In such a case the tenant for life, being entitled only to the use, if it be entirely consumed, the remainderman loses altogether the benefit of the bequest. The executor is appointed to take care of the interest of all concerned, and is as much bound to see that the remainderman is not deprived of his interest as that the tenant for life shall enjoy his. It is now well settled that when a residue is given for life of such property, with remainder over, it is the duty of the executor to sell it and pay over the interest to the tenant for life. Smith v. Barham,
This exception is allowed and the report set aside as to the two items excepted to. In all things else it is confirmed.
PER CURIAM. Decree accordingly.
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43 N.C. 216, Counsel Stack Legal Research, https://law.counselstack.com/opinion/saunders-v-haughton-nc-1852.