Smith v. Hardin

1 Ky. Op. 546, 1867 Ky. LEXIS 335
CourtCourt of Appeals of Kentucky
DecidedFebruary 5, 1867
StatusPublished

This text of 1 Ky. Op. 546 (Smith v. Hardin) is published on Counsel Stack Legal Research, covering Court of Appeals of Kentucky primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Smith v. Hardin, 1 Ky. Op. 546, 1867 Ky. LEXIS 335 (Ky. Ct. App. 1867).

Opinion

Opinion of the Court by

Judge Peters:

Appellees Hardin and wife, in June, 1862, instituted this action in equity in the Washington Oircuit Court against Hr. B. O. Palmer, who is the father of Mrs. Hardin, and was her statutory guardian, and others, charging that Palmer was indebted to them in a considerable amount as the guardian of Mrs. Hardin. That he was indebted to them for the hire of her slaves in several hundred dollars, and in the sum of $400' for money collected from the executors of the late Ben Hardin, who was her grandfather, and which he had bequeathed to her.

That they had brought an action in the Washington Circuit Court against Palmer and his surety for the amount he owed [547]*547then as guardian, and had also sued him for the amount he owed them for negro hire, and the legacy paid to him by the executors of Hardin; but that said Palmer had by putting in colorable and pretended defenses to said actions, and at the expiration of the May term of said court before said causes were reached, prevented them from the recovery of judgments on their several demands, whilst he permitted other creditors to recover judgments against him by default, for large amounts, in some of which considerable sums of usury were included, and tbat said judgments were suffered by said Palmer in order to prefer said creditors, and to enable them to appropriate all bis property to tbe satisfaction of their debts, to tbe exclusion of tbe appellees Hardin and wife.

Second. They allege tbat on the 11th of February, 1862, said P. C. Palmer, with the design and for the purpose of preferring Henry M. Spalding, Levi J. Smith, and H. and A. McElroy over other of bis creditors, and in contemplation of insolvency, conveyed a valuable tract of some 600 aeres of land in Washington county for the recited consideration of $21,000 to bis son, Henry O. Palmer, a young man without the means, either in possession or in property, of paying for the same, and took bis several promissory notes for the purchase money, payable at a distant day, in unequal amounts, one for $3,150 corresponding in amount to the alleged indebtedness of the j)ayee therein to Henry M. Spalding; one for $5,000 to correspond with the amount of bis alleged indebtedness to Levi J. Smith, and one for $5,300, the amount of bis indebtedness to said H. and A. McElroy; tbat said notes were assigned by said E. C. Palmer to these several persons, with whose debts they were alleged to correspond in amounts, and to whom by the stipulations in the deed from E. O. to H. C. Palmer they were secured by preferred and superior liens on the land conveyed, over the notes for the residue of the purchase money.

Third. They further allege tbat tbe late Ben Hardin on the 2d day of July, 1845, conveyed a tract of about 800 acres of land situate in Washington county to E. C. Palmer, including tbe 600 acres conveyed by bim to bis son, H. C. Palmer; tbat tbe conveyance from, Ben Hardin to E. C. Palmer shows on its face tbat tbe land therein conveyed bad been previously given by said Hardin to bis daughter, Mrs. Emily Palmer, tbe wife of said [548]*548R. O. Palmer, and mother of appellee Mary P. Hardin, and that R. O. Palmer was required by the terms of said conveyance, and that he therein stipulated, that if he at any time sold said land, or any part thereof, his estate, at his death, should be bound to pay to the children of Mrs. Emily Palmer, or the survivors of them, $10 per acre, without interest, for the land so sold by him. And claim that R. O. Palmer is bound to them and to H. C. Elliott, and Elizabeth, his wife, the said Elizabeth being a daughter of Mrs. Emily Palmer, deceased, and to said H. C. Palmer, who is her son, all of whom are made defendants to the action, for said $10' per acre for said land, that he is in equity to be held as a trustee for said children. That said Henry M. Spalding has acquired 200 acres of said land conveyed by Ben Hardin from R. C. Palmer, and claims the same as his own. They pray that R. O. Palmer may be required to account to Hardin and wife and Elliott and wife for said land at $10 per acre, or for their respective shares thereof, for which they insist they have a prior lien on the same, and for general relief.

Fourth. Hardin and wife charge that Ray, the surety of R. O. Palmer, in his bond as guardian for Mrs. Hardin, has conveyed his estate to preferred creditors in contemplation of insolvency, and to their exclusion; they allege that said conveyances of R. C. Palmer and Ray operate as transfers of their estate for the benefit of their creditors, and that the debt due to them from Palmer as the guardian of Mrs. Hardin has priority over other debts owning by them.

In August, 1862, appellant Richard Hamilton filed his petition in the Washington Circuit Court against R. C. Palmer and others, alleging that he was a creditor of said Palmer to a large amount, for which he had a judgment, enumerates other judgment creditors of Palmer, showing that he was very largely indebted at the time, refers to his sale of the land to his son, and the assignment of the three notes to Spalding, Smith, and the two McElroys, in charges substantially the same as those made by Hardin and wife on that subject, charges that R. C. Palmer made the sale of the land and the transfer of said notes to prefer said Spalding and others, and in contemplation of insolvency. Charges that said sale and transfers operated as an assignment of the estate for the benefit of all the creditors of R. O. Palmer, and prays the chancellor to take charge and control of the estate, [549]*549and distribute the same, or the proceeds thereof, as provided for by an Act approved 10th of March, 1856, entitled: “An act to prevent fraudulent assignments in trust for creditors,” etc.

This action was consolidated with that of Hardin and wife against said Palmer and others, and in November, 1863, Palmer filed his answer, in which, after controverting the allegations of Hardin and wife in relation to the character of the defenses set up by him, to their actions in ordinary against him, and denying that his defenses were made for vexation, delay, or any of the purposes charged, to which he refers and makes them a part of his answer to this action, he says in relation to the deed of the late Ben Hardin to himself of the 2d of July, 1845, its true import and effect, he may not understand, but that he had taken the advice of legal men in relation thereto, by whom he had been informed, and he certainly believed, he had the power to sell the land, and could make to the purchaser a good title; but that it was not subject to execution sales for the payment of his debts; that nearly the whole of his property except this land had been taken in execution by his creditors, and for the purpose of paying said debts, and releasing the property thus taken in execution, he made an arrangement with Smith, Spalding, and the McElroys by which they undertook to advance the money to pay said execution creditors, and he was to indemnify them for said advancements ; that he had a desire to pay off all his debts, which he believed he would be able to do by a sale of the land; hence he made the sale and executed the deed, therefor, to H. Palmer; denies that he made said sale and conveyance in contemplation of insolvency, but avers that he made them with the belief that he would thereby be enabled to pay all his debts, and that his general creditors would regard the sale as beneficial to them, and would, therefore, approve it.

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Bluebook (online)
1 Ky. Op. 546, 1867 Ky. LEXIS 335, Counsel Stack Legal Research, https://law.counselstack.com/opinion/smith-v-hardin-kyctapp-1867.