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9 Md. 480

Stocket v. Holliday

Court of Appeals of Maryland

Decided December 15, 1856

Court of Appeals of Maryland · decided 1856-12-15

The object of the bill in this case, filed by the appellants, creditors of Wm. S. Holliday, was to vacate a deed executed by Holliday to N. B. Worthington, in trust for the benefit of Caroline Holliday his wife and her children.

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Decided 1856-12-15

How this case has been cited

Cited by 6 later decisions — most recently December 1967

6 state decisions

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Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.

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Mason, J.,

¶1delivered the opinion of this court.

¶2The case of Bowie vs. Stonestreet, 6 Md. Rep., 418, conclusively settles that a contract, which can be enforced in a court of equity, may be entered into between a husband and wife, for the transfer of property from the former to the latter, for a bona fide and valuable consideration.

¶3The interest which Mrs. Holliday had in the mortgage, whether as respects her right of survivorship, or her equitable claim to be allowed a separate provision for her maintenance, was sufficient to form the basis or’ consideration for a contract with her husband, like that set out in the deed of trust, and which is alleged to have constituted the consideration therefor.

¶4This being true, the next question which arises is, whether the consideration set out in the deed of trust from Holliday, for the benefit of his wife, is to be regarded as prima facie true, until contradicted by proof offered by the party who assails the deed? We think our own authorities have settled this question affirmatively. The cases of Faringer vs. Ramsay, 2 Md. Rep., 375, and Glenn vs. Grover, 3 Md. Rep., 212, clearly establish, that deeds themselves are prima facie proof of what the consideration was upon which they were *499executed. Inasmuch, therefore, as no evidence was offered by the complainants assailing the verity of the consideration set out in the deed of trust, whether by direct and independent proof, or by resorting to the answers of the defendants, which the complainants could have required them to have made under oath, the deed must be sustained.

¶5While I may not like the law which sanctions such transactions, I feel nevertheless bound to acknowledge its binding force upon this court.

¶6We do not concur with the appellants’ counsel, that this deed is void as to creditors, because of the absence of the affidavit as required by the act of 1846, ch. 271, and its supplements, which relate to bills of sale and mortgages. It is said by the appellants, that inasmuch as the deed in this case embraced both real and personal property, it is void in toto. Without determining in this case its effect so far as the personalty is involved, we think the deed is sufficient to convey the realty.

¶7We concur, too, with the court below, that this deed is not a morfgage, but a deed of trust, and therefore need not be sworn to.

¶8The purpose and effect of the deed being to convey the whole estate to the trustee, subject only to the subsisting liens upon it, the entire proceeds of the property, after satisfying liens, whether they be more or less than Mrs. Holliday’s original mortgage, vest in him, in trust for her benefit. The question, therefore, of interest, as presented by the auditor’s report, becomes a matter of no moment. As the effect of the decree below is to produce this result, we affirm it.

¶9Without deeming it necessary to affirm all the legal propositions contained in the able and elaborate opinion delivered by the learned judge in the court below, we think, nevertheless, that that opinion, in the main, is founded upon sound, legal principles.

¶10Decree affirmed with costs.

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