Speed's v. Nelson's

47 Ky. 499
CourtCourt of Appeals of Kentucky
DecidedJuly 18, 1848
StatusPublished
Cited by1 cases

This text of 47 Ky. 499 (Speed's v. Nelson's) 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
Speed's v. Nelson's, 47 Ky. 499 (Ky. Ct. App. 1848).

Opinion

Jimes Simpson

delivered the opinion of the Court.

Many years since, Sampson Matthews, of Virginia, transferred to one Alexander Nelson, who- had married his daughter, two notes on George Wilson, who resided in Kentucky, On these notes suits were instituted, and judgments recovered. Wilson enjoined the judgments, and in the year 1817, his injunction was dissolved, and his bill in chancery filed, for the purpose of procuring the injunction, was dismissed.

Joseph Brooks having entered as the surety of Wilson in the injunction bond executed by him, and hav[500]*500ing died shortly after the dissolution of the injunction, Alexander Nelson brought suit on the bond against Solomon Neil, who was the executor of Joseph Brooks, and in November, 1824, recovered judgment against him, as executor, for the sum of $3,333 33, besides costs.

Where an executor paid over to the widow, out of.the personal estate before the debts were paid, and the widow paid to him a part thereof to pay debts, it is proper to consider such sum as legal not equitable assets. .

[500]*500Various executions issued on said judgment, to be levied of the assets in the hands of the defendant, as executor of Joseph Brooks, dec’d,, and were returned “nulla bona” The last of these executions bears date in October, 1830.

Alexander Nelson, who, from the probate of his will, appears to have died before the year 1834, appointed his son, James Nelson, his executor, who, in the year 1839, instituted this suit in chancery in the General Court, against Solomon Neil, the- executor of Joseph Brooks, dec’d. and his sureties in his executorial bond, and also against other persons, as heirs and devisees of said Joseph Brooks. The executor is alledged to have committed a devastavit,, a discovery of assets is sought for, and the executor and his sureties are prayed to be made liable for the whole amount of the judgment at law.

Joseph Brooks was the owner of a large estate, consisting in lands, slaves and personalty. By his last will and testament, he bequeathed to his wife all his personal property, together with a number of slaves. He devised land and' slaves to his children; and having appointed Solomon Neil, Elisha Standeford, and his son, Joseph A. Brooks his executors, devised to them the whole residue of his lands for the payment of his debts. Neil alone, of those nominated, qualified as executor.

Probate of the will of Joseph Brooks, was made in the Jefferson County Court, and Neil, settled his accounts as executor, with that Court in 1822 and in 1826, and again in 1829.

In the settlement made by the County Court, no discrimination is made between the legal assets in his hands and those arising from the sales of the real estate, which he made as executor under the will.

.It appears, however, from the report of the commissioner who was appointed by the Court below to adjust [501]*501the accounts, that the legal assets embraced by the settlements, amount to $9,561 07, and those arising from the sales of real estate made by the executor, to $5,634 39. One item included in the legal assets is objected to. The widow paid to the executor the sum of one thousand dollars, to be applied to the payment of the testator’s debts. This sum, it is contended, should be regarded as equitable assets. We think, however, the circumstances justify a different conclusion. The personal estate bequeathed to the widow was legal assets in the hands of the executor. It was his duty to retain it until the debts were all paid. Not having doné so, and the widow having, when it was believed necessary to enable the executor to pay off the debts, advanced to him this sum for that purpose, the presumption arises, in the absence of all other testimony explanatory of the transaction, that it was done because she was under a legal obligation to refund the amount if necessary for the payment of debts, in consequence of having received from the executor the personal estate, for which he was responsible as legal assets.

After allowing to the executor all the credits to which he is entitled, there still remains in his hands of the assets with which he stands charged in the County Court settlements, the sum of $550 57^, although according to those settlements, as they appear on their face, the estate was indebted to him in a considerable sum. A different result is, however, produced by a correction of those settlements, in the particular items designated by the complainant in the pleadings, as improper and unauthorized, • and manifested to be so by the facts and evidence in the cause; and the executor, when such correction is made, is ascertained to have in his hands the above named sum.

But in addition to this correction of the County Court settlements, the complainant contends the executor is further liable for a large balance due on his own note to his testator, at the time of his death, and also for the purchase money of a tract of land sold by him to one John W. Beckwith.

When an executor had executed a note to his testator in his lifetime, who died before the maturity of the note, the possession of the note by the executor thereafter, should not be taken as evidence of the payment thereof, and the executor should be held to account therefor.

The facts in relation to the executor’s note are as follows : His testator in his will, devised to him a tract of land, which he had previously conveyed to him by deed, reciting a consideration of four thousand dollars. The complainant, in an amended bill, alledged that the consideration in the deed was fictitious and had never been paid; that the executor having intermarried with the daughter of the testator, the land was conveyed to him as a gift, and was, therefore, liable for the payment of the testator’s debts. In answer to this allegation the-executor exhibited a note executed by him to his testator, dated in November, 1816, for $4,555 50 cents, payable two years after date, reciting on its face that it was in consideration of a tract of land and a negro girl purchased by the obligor from the payee. He- denied the alledged gift, contended he had purchased' the land for a full and fair consideration, had executed the foregoing note for the price, and had paid it, in the lifetime of his. testator.

His testator died- before the maturity of the note, but there are two credits endorsed on the note by Brooks,, in his lifetime, amounting together, to twenty five hundred dollars and upwards. The executor has adduced no evidence of payment, but relies on the presumption ax’ising from the fact that he has the note in his possess sion. This presumption, however, we thixxk, is repelled by theci-rcumstance, that being executor, he had aright to the possession of all the testator’s papex’s, and may have acquix'ed the possession of the xxote as executox", after the death of his testator. The probability of its payment is, in a great measure destroyed by the fact, that the debt was not due when Brooks died. No cix-cumstances are pi'oved which would create a reasonable presumption of payment. Thex-e was no money on hand at the time Bi’ooks died. It is not shown that he had, any short time before his death, used any money for any pux'pose. If the note had been paid, it would, in all probability, have been known by some of the family, and evidence of the fact could have been px-ocured by the executox-. The cii’cumstance that the testator, in his will, makes no allusion to the debt, has beexx [503]

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Bluebook (online)
47 Ky. 499, Counsel Stack Legal Research, https://law.counselstack.com/opinion/speeds-v-nelsons-kyctapp-1848.