F. J. RYAN, ET AL.,
v.
J. C. BAILE, AS ADMINISTRATOR, C. T. A., ET AL.
AI-generated. These summaries, headnotes, and key points are machine-generated and may contain errors or omissions. Always verify against the full opinion text below. Not legal advice.
The Florida Supreme Court affirmed the denial of motions to dismiss a bill of complaint by estate administrators challenging the unauthorized transfer of estate property to defendants in exchange for stock certificates. The court held that the allegations sufficiently stated a cause of action for rescission based on misrepresentation and lack of authority.
The court held that the allegations were sufficient to state a cause of action. The transfer and assignment of personal property from the estate by the Executrix without joinder by the Administrator and without court order was unauthorized and not binding on the estate, providing adequate grounds for rescission.
“transfer and assignment of the personal property aforesaid of the estate of J. H. Baile, deceased, by Nellie M. Baile to F. J. Ryan not being joined therein by J. C. Baile, Administrator as aforesaid and without any order of court authorizing the same, was without authority of law and not binding on the estate”
Establishes the legal principle that estate transfers require joinder of the administrator and court authorization to be binding
Previewing 1 of 2 key quotes on this case — the court’s exact language, pinpointed for members.
Join FLexlaw to unlock all legal intelligenceJ. C. Baile was the Administrator Cum Testamentum Annexo and Nellie M. Baile was the Executrix of the estate of J. H. Baile, deceased. F. J. Ryan pers…
The full statement of facts, procedural history, and disposition for this case are member content.
Join FLexlaw to unlock all legal intelligence© FLexlaw, Inc. — AI-generated enrichments are proprietary. All rights reserved.
Explore caselaw by topic → Browse Rescission Of Contract cases and more on FLexlaw
The appeal in this case is from an order denying motion to dismiss bill of complaint and from another order denying motion to dismiss bill of complaint after a second amendment to the bill of complaint.
The bill of complaint was exhibited by J. C. Baile as'-Administrator, Cum Testamentum Annexo, Nellie M. Baile as Executrix of the Estate of J. H. Baile, deceased, and Nellie M. Baile, a widow. The bill in effect alleged that defendant Ryan had persuaded by misrepresentations Nellie M. Baile as Executrix of the estate of J. H. Baile, deceased, to exchange certain bonds and liquidator’s certificates' belonging to the estate of J. H. Baile, deceased, and also certain liquidator’s certificate belonging to Nellie M. Baile, individ*686ually, for a certain certificates of stock in National Portland Cement Company, a corporation; and that Ryan had sold to other defendants certain of the bonds and certificates the property of the estate of J. H. Baile, deceased, which he so procured from Nellie M. Baile with the full knowledge of such purchasers that such bonds and stocks were the property of the estate of J. H. Baile, deceased, and that the same had been transferred and assigned by Nellie M. Baile without authority of law.
The bill prayed for a rescission of the exchange and return of the property and offered to do equity.
The allegations of the bill are sufficient to show that J. C. Baile was administrator Cum Testamentum Annexo of J. H. Baile, deceased, and Nellie M. Baile was Executrix of the Last Will and Testament of J. H. Baile, deceased, and that transfer and assignment of the personal property aforesaid of the estate of J. H. Baile, deceased, by Nellie M. Baile to F. J. Ryan not being joined therein by J. C. Baile, Administrator as aforesaid and without any order of court authorizing the same, was without authority of law and not binding on the estate.
The bill is, therefore, not without equity and the orders overruling motion to dismiss were without error and should be affirmed.
It is so ordered.
Affirmed.
Whitfield, C. J., and Terrell, Buford and Davis, J. J., concur.