Yeaton v. Lynn Ex Rel. Lyles

30 U.S. 224, 8 L. Ed. 105, 5 Pet. 224, 1831 U.S. LEXIS 349
CourtSupreme Court of the United States
DecidedJanuary 21, 1831
StatusPublished
Cited by21 cases

This text of 30 U.S. 224 (Yeaton v. Lynn Ex Rel. Lyles) is published on Counsel Stack Legal Research, covering Supreme Court of the United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Yeaton v. Lynn Ex Rel. Lyles, 30 U.S. 224, 8 L. Ed. 105, 5 Pet. 224, 1831 U.S. LEXIS 349 (1831).

Opinion

Marshall, Oh. J.,

delivered the opinion of the court. — This is an action on the case, brought by Adam Lynn, as executor of John Wise, for the use of Thomas C. Lyles and others against William Yeaton, in the circuit court *of the United States, sitting in the county of Alexandria. L *146 The declaration contains two counts ; .one for money paid by the plaintiff, Lynn, as executor, for the use of the defendant, and the other on an account settled by the said plaintiff, as executor, with the defendant, for money due by the defendant to the plaintiff, as executor as aforesaid. The cause was tried on the issue of non assumpsit, and the jury found a verdict for the plaintiff below, subject to the opinion of the court on a case agreed. Judgment was given for the plaintiff, and the then defendant has brought that judgment before this court by a writ of error.

The case agreed is in the words following : The plaintiff, to support the issue on his part, gave evidence to prove that John Wise, the testator, in his lifetime, had indorsed a note, as surety for the defendant, to one Robert Young, for the sum of-, upon which nóte judgment was obtained by said Young, against such maker and indorser, and execution of one of the said judgments being levied upon the goods, &c., of the defendant, he gave a forthcoming-bond, with the said testator as his surety in such bond, upon which bond judgment was regularly entered against principal and surety, in the lifetime of the testator. The plaintiff then produced and read in evidence to the jury, the proceedings in two chancery causes, the one, by the said Robert Young against the said Adam Lynn et. al.; the other, by the Bank of Alexandria, against the same defendants, thereto annexed. And the plaintiff, in order to show that the decree in the first of the said chancery cases had been paid and satisfied by the plaintiff, by way of a discount between him and the said Young, gave evidence to pi-ove that the plaintiff had indorsed a note, as surety for said Young, discounted for his, said Young’s, use, in the branch Bank of the United States, upon which note the said bank had recovered judgment against the said Young for $300, with interest from the 4th of March 1817, till paid, and costs. The said note and judgment, had been taken up by plaintiff, as surety for said Young, on the 24th of March 1820, and thereupon, assigned over to the plaintiff ; and that the said Robert Young, by way of indemnity and payment to the plaintiff, assigned over to him the said judgment obtained by Young against *o 1 the defendant, and all his claims and ^remedies, &e., upon the estate -* of the testator, as by a short copy of the said judgment and assignment indorsed thereon, thereunto annexed. That the plaintiff, before the institution of the said suits in chancery, and after the death of the testator, had sold out 'sufficient of the stocks mentioned in the said deed, to pay the said debt due the said Young ; bur, without any reference to the said suits, ■or to the said .Young’s claim, nor for the purpose of satisfying any creditor of the testator; and, at the time of the institution of said suits, had the money in his hands proceeding from such sales, which money he has retained as against such of the oestuis que trust named in the said deed as are named as equitable plaintiffs in this case ; that the will of the said John Wise was duly proved and recorded in the orphans’ court, and letters testamentary thereon duly granted to the plaintiff, and other proceedings relative thereto therein had, as appeared by the annexed transcript of proceedings in the orphans’ court, and that the said Bank of Alexandria recovered judgment of the plaintiff, as appeared by the annexed record of the said judgment, to bind assets. And it is agreed, that the verdict to be rendered in this cause shall 'be subject to the opinion of the court, whether the plaintiff is entitled to recover in this action, for so much of the assets which the said deed pur *147 ports to convey in trust, as has been appropriated under the said decree, in manner aforesaid, to satisfy the said debt due to the said Robert Young, and discounted with the plaintiff as aforesaid.

The judgment which was obtained by Robert Young, against John Wise, in his lifetime, and William Yeaton, the defendant, is stated in the case agreed to have been for the proper debt of the defendant, for which John Wise was surety. This debt has never been paid by the defendant, and was not paid by John Wise in his lifetime. After this judgment, William Yeaton became insolvent; and John Wise sold his real estate in Alexandria, and invested the proceeds in bank-stock, in the name of Adam Lynn, the plaintiff ; after which, he executed a declaration of trust, in favor of his children and grandchildren, and departed this life, having first made his last will and testament, of which he appointed the plaintiff executor, who took upon himself the execution thereof.

*The chancery causes mentioned in the ease agreed were insti- r.¡. ’.tuted in July 1818, for the purpose of setting aside as fraudulent, L with respect to creditors, this deed to Adam Lynn, the plaintiff, and for obtaining payment of the debt due to the ¡fiaintiffs, respectively, out of that fund. The court, in July 1824, decreed that the deed of trust be annulled and vacated, so far as respects the complainants, and that the said Adam Lynn do sell and dispose of so much of the trust fund as will satisfy and pay to the complainants their debt aforesaid, with interest and costs. The case shows, that previous to this decree, on the 24th of March 1820, the plaintiff had paid this judgment obtained by Young against Yeaton, with Wise as his surety ; and that he had sold a sufficient quantity of the stock standing in his name, to meet the claim, the proceeds of which sale he held in his hands, at the time the debt was paid to Young.

It is obvious, that the debt due from Yeaton, the defendant, to Young, for which Wise was surety, has been paid out of the estate of Wise. Consequently, that estate has an unquestionable claim on Yeaton for the amount paid. The judgment rendered by the circuit court in favor of Adam Lynn, who was both executor and trustee of John Wise, is resisted, on the ground, that he has sued as executor, though he paid the money •either on his private account or as trustee.

The bill in chancery, on which all the proceedings between Wise and Lynn were annulled, so far as respected this debt, and by the decree on which Adam Lynn was directed to pay the sum due to Robert Young, states, that Lynn was both executor and trustee. The executor and trustee were both necessary parties to the suit, and had they been distinct persons, must both have been brought before the court. The two characters being united in the same person, and that person being directed to execute the decree, it would seem reasonable to presume, that he acted in the character in which he ought to perform the particular act, especially, if it be necessary to give the act its full effect, and to make it rightful.

The trust property had been sold, in anticipation of the decree, and the money retained by the trustee and executor. When the investment in the name of Lynn, and the declaration of trust, were vacated and declared vovl, so far as *respeeted this debt, the money into which the trust ....

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Bluebook (online)
30 U.S. 224, 8 L. Ed. 105, 5 Pet. 224, 1831 U.S. LEXIS 349, Counsel Stack Legal Research, https://law.counselstack.com/opinion/yeaton-v-lynn-ex-rel-lyles-scotus-1831.