McDonald v. McDonald
Citation | 75 Am.Dec. 434,5 Jones 211,58 N.C. 211 |
Court | North Carolina Supreme Court |
Decision Date | 31 December 1859 |
Parties | COLIN McDONALD v. DANIEL McDONALD. |
Equity will give effect to the assignment of a mere expectancy or possibility, not as a grant, but as a contract, entitling the assignee to a specific performance as soon as the assignor has acquired the power to perform it.
CAUSE removed from the Court of Equity of Cumberland county.
Margaret McDonald, of Sampson county, died in the year 1855, without issue, leaving the plaintiff, Colin McDonald, her next of kin and heir-at-law. Letters of administration on her estate were granted to the defendant, Daniel McDonald, at ________ Term, 1855, of Sampson County Court, and he took possession of her estate, consisting of eighteen negroes and $404,90, in good notes. In 1816, the defendant, as administrator, filed an inventory, in which he omitted to include the slaves, as property, for which he was bound to account, alleging, that he had purchased them from Colin McDonald, the sole distributee of the estate, and had taken a deed therefor; in the following words:
The nearest relations of the intestate, Margaret, at the time this deed was executed, were the plaintiff, Colin, and his brother, Neil McDonald, who were her cousins. Neil McDonald, who was the father of the defendant, died before the intestate, Margaret.
The bill alleges, that this deed was procured from the plaintiff by fraud and misrepresentation; that plaintiff is a weakminded old man; that the defendant proposed to purchase his interest in the property in dispute; and informed him that in the event of Margaret McDonald's death, he would be entitled to only one-third of her property; that this interest in one-third, was all that the deed was intended to convey, and that it was so understood by both parties. This much, the bill acknowledges to belong to the defendant under the deed, and it prays an account and conveyance of the other two-thirds.
The defendant, in his answer, denies having exercised any undue influence in procuring the deed above set out; he states that the plaintiff was then a resident of Alabama; that he came to this State in the year 1849, and applied to several persons proposing to sell his interest in the estate of Margaret McDonald; that he, at length, applied to defendant, and offered to take one thousand dollars for said interest; that plaintiff gave as his reasons for selling it, that he lived at a distance; that he was growing old, and it was uncertain whether he would out-live Margaret McDonald, and also his brother Neil. He denies that the plaintiff is stupid, ignorant and illiterate, though getting...
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Swan v. Pople., (No. 8372)
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