Licey v. Licey

Decision Date08 January 1847
Citation7 Pa. 251
PartiesLICEY <I>v.</I> LICEY.
CourtPennsylvania Supreme Court

Ross and Dubois, contrà.—In the court below, we relied on the fraud of the defendant; but that being taken from the jury, the question is, can the judgment be sustained? The cases of donationes causa mortis are inapplicable, and those only inter vivos are to be considered. There it is held that the gift between the parties must be complete, and not executory, as, where notes are given, they cannot be enforced: Fink v. Cox, 18 Johns. 145; Wright v. Wright, 1 Cow. 598. So, where releases not under seal are executed without consideration, they are invalid: Miller v. Hemler, 5 Watts & Serg. 486. So of the assignment of a judgment by parol and without consideration: Kennedy v. Ware, 1 Barr, 445; Story's Eq., § 1040 c. [GIBSON, C. J. — There is a distinction between a gift and an assignment — the latter is only available in equity, and will only be enforced so far as there is a consideration.]

Jan. 8. GIBSON, C. J.

There is a ground on which, however, the cause was not ruled below, that is fatal to the judgment. If the defendant's evidence be true, the bond in suit was given up by the obligee to be cancelled, and it was cancelled. Was not the debt, therefore, gone? There is a plain and well-founded common-law distinction, in this particular, between things which lie in livery and things which lie in grant. As the former pass by force of the livery, of which the deed is only evidence, they cannot be revested by destroying the instrument, for a right can be dissolved only by the means which created it; but, as the latter exist only by force of the deed, they necessarily cease to exist when it no longer sustains them. So far was this carried in respect to things which depend on a deed, that an accidental destruction of the seal was held, in the earlier cases, to destroy the right, though a different rule prevails at present, by which the donee is allowed to show the truth. But cancellation, eo animo, will now, as it ever has done, destroy any right which stands exclusively upon the instrument. Thus a lease for years might have been surrendered by cancellation before the...

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17 cases
  • Foley v. Harrison
    • United States
    • Missouri Supreme Court
    • 31 Marzo 1911
    ... ... and, to sustain that proposition, the court [233 Mo. 573] ... cited Wells v. Tucker, 3 Binn. 366, and Licey v ... Licey, 7 Pa. 251. 'The shares of stock are choses in ... action, and the certificates evidence of title to them. Why ... may not a ... ...
  • Hill v. United Life Ins. Ass'n
    • United States
    • Pennsylvania Supreme Court
    • 3 Enero 1893
    ...115. The assignment is equivalent to a declaration of trust: Morgan v. Mallison, L.R. 10 Eq. 475; Bond v. Bunting, 78 Pa. 210; Licey v. Licey, 7 Pa. 251; Kekewich v. Manning, 1 De G.M. & G. 176; Read Robinson, 6 W. & S. 329; Cunningham v. Smith's Administrator, 70 Pa. 450; Fellow's Ap., 93 ......
  • Foley v. Harrison
    • United States
    • Missouri Supreme Court
    • 28 Febrero 1911
    ...assignment or indorsement in writing; and, to sustain that proposition, the court cited Wells v. Tucker, 3 Bin. 366, and Licey v. Licey, 7 Pa. 251, 47 Am. Dec. 513. `The shares of stock are choses in action, and the certificates evidence of title to them. Why may not a delivery of certifica......
  • Castle v. Persons
    • United States
    • U.S. Court of Appeals — Eighth Circuit
    • 15 Septiembre 1902
    ... ... 231; Grover v. Grover, 24 ... [117 F. 842] ... Pick, 261, 35 Am.Dec. 319; Corle v. Monkhouse, 50 ... N.J.Eq. 537, 25 A. 157; Licey v. Licey, 7 Pa. 251, ... 47 Am.Dec. 513; Hackett v. Moxley, 65 Vt. 71, 25 A ... 808. But it is equally well settled that when a chose in ... ...
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