Halifax County NcArchives Court.....Richard H. Smith, Ex'r, Martha J. Camp V. 1873 ************************************************ Copyright. All rights reserved. http://www.usgwarchives.net/copyright.htm http://www.usgwarchives.net/nc/ncfiles.htm ************************************************ File contributed for use in USGenWeb Archives by: Connie Ardrey n/a November 14, 2011, 6:41 pm Source: N C Reports Written: 1873 Martha Jane Camp v. Richard H. Smith, Ex'r, &c. An unmarried daughter, to whom was bequeathed $3,000 in money or bonds, and in the event of her death without lawful issue, her legacy was to be divided, &c., is entitled to the immediate payment of the whole of such legacy, its ultimate devolution being a question between her and the contingent remainder men, if they are such. An executor, who surrenders upon the request of the surety, a bond for which the principal and such surety are bound, and takes in lieu thereof the individual bond of such surety unsecured, makes himself personally responsible for the payment of the bond, or such portion thereof as remains unpaid. Civil Action, brought by plaintiff, daughter and one of the heirs of Humphrey S. Camp, deceased, to obtain a construction of a clause in her father's will and for payment of a legacy, tried by Watts, J., at the Special (December) Term, 1871, of the Superior Court of Halifax County. The testator left to each of his three daughters $3,000 in the following bequest: "I do will and bequeath to my three daughters, Martha Jane, Mariana C. and Lucy Camp each, three thousand dollars in money or bonds, and in the event of the death of either one or any of my said daughters, without lawful issue, it is my will that her or their legacy shall be equally divided and heired by the survivor of my four (sic) daughters now single." The plaintiff had never married, nor had issue. Her sisters, above named were married and had issue. His Honor in the Court below, upon the hearing found as facts: 1. That the testator did not leave cash sufficient to pay the legacies, but left bonds amounting to enough for that purpose. 2. That the defendant had satisfied the other legacies mentioned in the clause above set out, and had retained a bond for nearly the sum of $3,000, principal money, payable to his testator by one Spier Pittman, principal, and Joseph J. Powell, surety, with the purpose of satisfying said legacy; and to that end, caused the same, after the death of the testator, to be renewed, payable to himself as executor in the precise sum of $3,000. 3. That in 1861, Pittman, the principal, was insolvent, but the surety Powell, was a man of large estate, and unembarrassed. 4. That in 1861, the defendant upon the request of Powell, surrendered to him, Powell, the bond of Pittman, and took his, Powell's note, without any security for the amount, holding the same for the like purpose of providing for plaintiff's legacy. Of this exchange or substitution of notes the plaintiff had no notice. 5. That the plaintiff has paid the interest on the note to plaintiff up to May, 1863. And that of money received from the estate of Powell, he had paid plaintiff the further sum of $600, in March, 1870, and that he has now from the same source, $174.27. 6. That Powell is dead, his estate in the hands of a receiver and supposed to be insolvent. Upon this state of facts, the plaintiff insisted, that the defendant is liable for the full amount of the legacy with interest, and that she is entitled to the immediate payment of the same. On the other hand, the defendant insisted that he had done nothing of which the plaintiff could, with reason complain, and that upon the facts as found, he is liable only for such portion of said legacy as he may succeed in collecting from the estate of Powell. And further that the plaintiff is entitled only to call for the accrued interest in so far as the defendant has collected the same, and not for the principal of the fund. His Honor adjudged: 1. That the plaintiff could recover only the accrued interest on the legacy bequeathed to her; and that the defendant is entitled to the payment made by him, to be applied to extinguish the accrued interest. 2. That the defendant in giving up the bond of Pittman to the surety, Powell, taking the note of Powell unsecured therefor, changed the credit at his own risk, and thereby became liable for the whole debt, although it is not yet ascertained whether the estate of Powell is insolvent or not. The Court directed an account. From this judgment both plaintiff and defendant appealed. Peebles & Peebles, for plaintiff Batchelor & Son and Conigland, for defendant NC Supreme Court Justice Rodman, J. - So much of the judgment below as declares that plaintiff is not entitled to the immediate payment of what is unpaid of the principal and interest of the legacy to her is reserved. And so much as declares that the defendant is personally liable for such portion of the note Powell as he has not paid to the plaintiff is affirmed. Is is referred to the clerk of this Court to state and report and account of what is due upon the legacy. A judgment may be drawn in conformity to this opinion. (see court case for judge's full findings) The plaintiff will recover her costs in both cases Per Curiam Judgment accordingly Additional Comments: In the NC Supreme Court January Term 1873 File at: http://files.usgwarchives.net/nc/halifax/court/richardh2073gwl.txt This file has been created by a form at http://www.genrecords.org/ncfiles/ File size: 5.6 Kb