Williams v. Corson

2 Tenn. Ch. R. 269
CourtCourt of Appeals of Tennessee
DecidedApril 15, 1875
StatusPublished

This text of 2 Tenn. Ch. R. 269 (Williams v. Corson) is published on Counsel Stack Legal Research, covering Court of Appeals of Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Williams v. Corson, 2 Tenn. Ch. R. 269 (Tenn. Ct. App. 1875).

Opinion

The Chancellor:

— H. O. Williams died in the year-1871, having first made a valid nuncupative will, by which he bequeathed his personalty, and especially the surplus-proceeds of a policy of insurance on his own life, to his widow, the defendant Eleanor N., now the wife of defendant H. C. Corson. This policy was made payable, on his death, to his executors, administrators, and assigns. Being-in debt, the decedent had, in his life-time, transferred a, part of this policy to secure Ms creditors, leaving a residue-of the sum assured of about $2,400. This amount the-widow has collected, and claims under the nuncupative will. The complainant is an only child of the decedent by a. former wife, and has filed this bill by next friend, claiming-a share of the funds received from the policy, under the Code, §§ 2294 and 2478. It is agreed that the demurrer of the defendants to the bill raises the question whether the [270]*270proceeds of such a policy can be bequeathed by will, or must pass under the statute, and argument has been made accordingly.

Section 2294 of the Code reads thus : “A life insurance effected by a husband on his own life shall enure to the ‘benefit of the widow and next of kin, to be distributed as personal property, free from the claims of creditors.”

Section 2478 is : “Any life insurance effected by a husband on his own life shall, in case of his death, enure to "the benefit of his widow and children; and the money thence arising shall be divided between them according to the law of distributions, without being in any manner subject to the debts of the husband, whether by attachment, execution, or otherwise.”

Both of these sections are taken from the act of 1846, ch. 216, § 3, which was construed by the supreme court of this state, in Rison v. Wilkinson, 3 Sneed, 565. The language of that act was : “ That any husband may effect a life insurance on his own life, and the same shall in all cases enure to the benefit of his widow and heirs, in the present rates of distribution, without being in any manner subject to the debts of said husband, whether by attachment, execution, or otherwise.” The act is a little stronger in its phraseology than the Code, in using the words, “in all cases,” in connection with the operative clause, “ shall in :all cases enure to the benefit” of the widow and heirs. .But, in substance, the provisions are the same.

The statement of the case, as made by the learned judge who delivers the opinion in Rison v. Wilkinson, shows that the policy in that case was, like the policy in this case, in the ordinary form, taken out by the husband, and by him assigned, with the assent of the company, as collateral security for a debt of the husband. It is manifestly an inadvertence on the part of the reporter when he says, in the preliminary statement of facts, that the insurance was effected by way of indemnity to the husband’s creditors. “The bill was filed by the widow and children against the [271]*271creditors, claiming the whole amount of the insurance, under the act of 1846, precisely upon one of the grounds .assumed in argument in this case — that the statute was plain and positive that the policy should in all cases enure to the benefit of the widow and children, and should not be subject, in any manner, to the claims of creditors. The contest was between the widow and children on the one side, parties expressly preferred by the act, and creditors on the other, parties expressly excluded by the act. It was, therefore, a stronger case than the one before the court, where the contest is between the widow and child, both of the preferred class.

“ It is contended,” say the court, “that this act operates as a settlement upon the widow and children of the insured, and cannot be diverted from their use and benefit by any act of his or his creditors.” “ Its phraseology,” they add, “is very strong and forcible in favor of the Tights of the widow in exclusion of the creditors. But it must have given to it a sensible construction. * * * Surely it was not intended to divest the insured, while he lived, of the right of disposing of his own as he pleased, so .as to bind those who might come after him, and stand in his shoes. * * * We think that nothing more is intended by the act, and that no other operation can be .given to it, than to prevent a fund of this kind from passing into the hands of the administrator, with the other effects of the insured, in favor of the widow and children; or, in other words, to prefer them to creditors to that extent. But it can only apply where the claim remains undisposed of by the deceased. His power over it during life is not at all affected by the act, but continues as ample and unrestricted as before.”

Language could not possibly be stronger or plainer. The :act was not intended to prevent a husband who takes out a policy on his life in the ordinary form from dealing with it as with any other property he may acquire. It will only apply where the claim remains undisposed of by the deceased [272]*272during Ms life. It is obvious that a disposition by will is as efficacious to dispose of a man’s property as a disposition by assignment or deed. If his power during life is not affected by the act, but continues as ample as before, the power to bequeath by will remains as effective as the power to transfer by assignment.

Undoubtedly it is within the competency of the legislature to limit the power of disposition of property by will for the benefit of the widow and children of the testator, or other persons. The civil law, as it exists in France and in Louisiana, does, for the benefit of the children, limit the power of the parent to give Ms property by will to third persons to a definite portion of the estate. And the testamentary power, it woidd seem, has been limited in this-state in regard to property exempt by law from execution, at any rate, where the estate is insolvent and the contest is between the widow and children and creditors. Pride v. Watson, 7 Heisk. 232. If the estate be solvent, and the-contest is with a legatee of the exempted articles, the question might be different, and certainly other principles controlling the rights of the parties would come into play. The legislation under consideration in this case has not, either in express terms or by fair implication, gone so far. It-does not control the power of disposition at all, and only provides for the benefit of the widow and children to the-exclusion of creditors where the parent and father has not-made in his life-time a valid disposition of his property. The power of disposition is one of those incidents of ownership which lies at the basis of modern civilization, and can,, it seems to me, only be curtailed by the clearest expression, of legislative intent.

But, it is urged, the assured cannot dispose of the-policy by will, for the reason that the will does not speak until the death of the testator,.and in such event the statute-steps in and makes the distribution,-and-hence the will must, be held for naught. The answer is that, by the decision in Rison v. Wilkinson, the power of disposition during life is: [273]*273not affected by tbe act, and that this power may be effectually exercised, even if the gift or grant, whether it be by deed or will, do not become practically operative until after death. It is the execution in life that gives validity to a will or deed, and the time when the donee goes into possession, or reaps the actual benefit, is a mere incident.

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Related

Pride v. Watson
54 Tenn. 232 (Tennessee Supreme Court, 1872)

Cite This Page — Counsel Stack

Bluebook (online)
2 Tenn. Ch. R. 269, Counsel Stack Legal Research, https://law.counselstack.com/opinion/williams-v-corson-tennctapp-1875.