Court Opinion

ID: 7068744
Source: CourtListenerOpinion
Date Created: 2022-07-24 07:29:44.002991+00
Date Added: 2024-06-11T16:12:31.114531
License: Public Domain

Nichols, C. J.
Exceptions of appellee, and of appellant Magenheimer, widow of Dr. Valentine A. *584Magenheimer, deceased, to one item of the final report of appellant Shufflebarger, as administrator of the estate of said deceased. Said administrator paid a-note which his decedent had executed, together with his wife, for part payment of the purchase price of certain real estate located in the State of Arkansas, which was conveyed to himself and wife, as tenants by entireties. The note was secured by a mortgage/ executed by them on the land purchased. The administrator charged one-half of the note to the estate, aijid the other half to the widow, and made settlement with each of them and filed his final report accordingly. Appellee filed exceptions to the final report, contending.- that the estate of said deceased should have paid none of said note, and the widow filed her exceptions, contending that the estate should have paid all of it. The exceptions of appellee were sustained, and the exceptions of the widow were overruled, and judgment was entered accordingly against the administrator, and against the widow, directing the administrator to proceed further with the collection of the assets of the estate. From this judgment, after respective motions for a new trial were overruled, this appeal.
1. *5852. *584The errors assigned are overruling the respective motions for a new trial. The only question involved is whether the administrator was authorized to pay out of the estate of his decedent, any part, one-half, or all of the note executed by such decedent and his wife for part payment of the purchase price of the real estate deeded to himself and wife, she having executed the note with him, together with the mortgage to secure it. The note was executed in Indiana, and payable at a bank in Indiana, and the rights and liabilities of the parties thereto are therefore governed by the laws of Indiana. Fordyce v. Nelson (1883), 91 Ind. 447; Brown v. Jones (1890), 125 Ind. 375, 25 N. E. 452, *58521 Am. St. 227; Midland Steel Co. v. Citizens Nat. Bank (1904), 34 Ind. App. 107, 72 N. E. 290. The note filed as a claim against the decedent’s estate as well as the mortgage securing the same which contained a promise to pay, was executed by the decedent and appellant wife, for a part of' the purchase price of real estate conveyed to them as tenants by entireties. They were then joint principals, each being liable as principal for the whole debt. McLead v. Aetna Life Ins. Co. (1886), 107 Ind. 394, 8 N. E. 230; Kelley v. York (1915), 183 Ind. 628, 109 N. E. 772. Having paid the note as administrator, he was entitled to contribution in favor of decedent’s estate, which he accomplished in his settlement with the widow. Decedent having in his life time assumed the obligation of a principal on the note, we do not see how his death could change his status, and certainly the widow should not complain.
The judgment is reversed, with instructions to the trial court to overrule appellee’s exceptions, and to approve the filial report.