Spann v. Stewart
This text of 10 S.C. Eq. 326 (Spann v. Stewart) is published on Counsel Stack Legal Research, covering Court of Appeals of South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
We concur in opinion with the Chancellor, that the defendant Sarah E. Wright is not bound by the administration bond executed by her during coverture, and that she is not liable to account to the complainant for any devastavit committed by her husband, Dr. Wright, in administering- the estate of Mrs. Screven. The case of Edwards v. Spann,
But we differ with the Chancellor, in his conclusion that the complainant, the security of the administrator, is liable for the share of Mrs. Wright of that portion of her mother’s estate which was wasted and consumed by her husband. It seems to me that when the estate of an [228]*228intestate is sold, and converted into money or notes and' obligations to the administrator for the proceeds, that so far as his wife may have an interest in the property thus changed, it is to all interests and purposes a reduction into possession. The money, or notes or obligations into which it is converted, is at law his own ; in equity, when they could be traced in specie, and the administrator was dead or insolvent, they might be followed at the instance of a creditor or a distributee who was a stranger to the administrator, as assets of the estate. But this is the utmost extent to which Equity could go in preserving the proceeds as the estate. The instant they cease to be capable of being traced, the administrator’s liability to account for them is all which can be looked to by either creditors or distributees. Could the husband during coverture have been compelled to account for his wife’s interest in the fund which he had wasted ? I apprehend he could not. For he had the right to receive it as husband, or even release it. If he could not be compelled to account for it, and having the actual possession, it is plain that there was nothing to survive to the wife in this respect. Her right pro tanto had been consumed, and consequently reduced into possession by the husband.
But be this view correct or not, and I think it is, both on reason and on the authority of the cases of Hix v. Cox, Marsh & Nail,
It is ordered and decreed, that the Chancellor’s decree be so far modified as to allow the complainant credit on the judgment recovered against him in the name of the Ordinary on the administration bond, for Mrs. Wright’s one-third part of so much of the personal estate of Mrs. Screven as was consumed and wasted by her husband, Dr. Wright, and in all other respects that his decree be affirmed.
Not reported.
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10 S.C. Eq. 326, Counsel Stack Legal Research, https://law.counselstack.com/opinion/spann-v-stewart-scctapp-1833.