The facts in this case, so far as the same can be ascertained from the proceedings returned by the ■surrogate, are substantially these. In May, 1840, Isabella Leo Wolf, the wife of Joseph Leo Wolf, procured a policy of insurance, from the New-York Life Insurance and Trust Company, upon the life of her husband, for §5000, for the term of five years. The policy was in her own name, and for her sole use; as authorized. by the first section of the act of April, 1840, in respect to insurances for lives for the benefit of married women. (Baws of 1840, p. 59.) And the amount was made payable to the assured, or her executors, administrators or assigns, for her sole use, within sixty days after due notice and proof of the death of her husband ; and in case of her death before his decease, the same was made payable to her children, for their use, or to their guardian if they were under age; as authorized by the second section of that act. In March, 1841, the assured and her husband, and, as the counsel for the appellant states, their only child, sailed for Europe in the steam ship President, and have never since been heard of; and there is no doubt that such ship was lost, and that all on board perished. A few days before they sailed for Europe, Mrs. Leo Wolf executed the paper propounded as her will, in the presence of two subscribing witnesses, on the back of the policy of insurance, in the following words: “ In the event of the within policy, No. 1321, of the New-York Life Insurance and Trust Company, becoming payable, by said company, in consequence of the death of my hus*269band, Joseph Leo Wolf, and in the event of my being, at the time when the within policy becomes payable, not among the living, it is my wish' and will, and I Hereby order and direct that the amount insured in said policy, on the life of my husband, shall be paid over to Doctor Gottlief Moehring, of the city of Philadelphia, in trust; to be held by him for my daughter Mary Jane Leo Wolf, until her becoming of age; and iñ the event of her death, before coming of age; without issue, I hereby direct that the whole amount thus held in trust" by the said Gottlief Moehring shall be divided- in equal parts and shall be paid over to the children of the brothers'and sisters of my husband, Joseph Leo Wolf, living at the time when such division shall take effect. Given under my hand and" seal in the city of New-York, this 6th day of March, 1841. Isabella- Leo Wolf.” (L. S.) And her husband, at the same time, and in the presence of two subscribing witnesses, wrote the following con-* sent under the same ; “I consent to the above, and ratify the same. New-York, 6th March; 1841. Joseph Leo Wolf.”
In April, 1842, G. F. Allen, as proctor for the appellant, who was the trustee, or executor, named in the instrument propounded as a will, presented a petition to the surrogate of New-York, stating that the decedent left assets- or" personal estate in the city-' and county of New-York; and praying that the instrument propounded might be admitted to probate, and that letters testamentary thereon might be granted. The next of kin of the decedent were duly cited to attend before the surrogate, and the public administrator; having taken out administration on the estate of Joseph Leo Wolfj". was also "cited; and they resisted the probate of the instrument propounded, upon the ground that a married "woman cotild not; under the provisions of the revised statutes, make a will of personal estate, even with the consent of-her husband." The surrogate sustained the objection, and rejected the instrument propounded as a will, upon that ground alone. And the circuit judge, upon appeal to him, arrived at the same conclusion; as appears by his written opinion;-
The insurance money in this case, by the terms of the policy, *270was made payable to the children of the assured, in case she died before her husband. If her daughter had. survived her, therefore, it would have been necessary, perhaps, to inquire whether there is any legal presumption that the husband survived his wife; when they have both perished by the same disaster, and when there is no extrinsic evidence to guide the judgment of the court upon this matter of fact. In the cases of Taylor v. Dip-lock, (2 Phill. Rep. 267,) Colvin v. The King’s Proctor, (1 Hagg. Eccl. Rep. 92,) and in iSelwyn’s case, (3 Idem, 748,) it appears to have been supposed, in the absence of any evidence to justify a different conclusion, that the court would be bound to presume a survivorship of the husband, where the husband and wife perish together at sea; upon the ground, I presume, that the greater strength of the male would probably enable him to sustain life the longest, in such a calamity. But as there is no presumption of the survivorship of the daughter, in this case, after the death of her mother, and the probability is that they both perished at the same moment, it becomes immaterial to inquire whether it must be presumed that the husband survived his wife. It is sufficient for this case, that there is no legal presumption that she survived him. For if she did not survive him, I am of opinion that the act of April, 1840, does not extend to the case; and that, in the event which has occurred, this contract of insurance stands upon the same footing as any other contract made by a feme covert, in her own name, in the lifetime of her husband, and without the intervention of a trustee. By referring to the first section of that act it will be seen that the insurance money is only payable to her, to and for her own use, free from the claims of the representatives of the husband, and of his creditors, in case she survives her husband ; but not where they both die at the same instant, or where he survives her. The second section of the statute provides for the case of survivorship of the husband, where the wife has left children.; by authorizing the insurance money to be made payable to such children, or to their legal guardians, for their use. But no provision is made, by the statute, for this case; Where there are no children, and where the husband survived *271the wife; or where they both perished at the same instant, so that neither survived the other.
In regard to bonds, notes, and other contracts, for the payment of money, given to the wife during coverture, the common law rule appears to be, that the husband may sue upon them in his own name, or in the name of himself and wife jointly, at his election. Where he elects to treat them as his own, by bringing a suit and proceeding to judgment in his own name, the judgment will belong to his personal representatives, although his wife survives him. But if he sues in their joint names, the judgment will belong to her by survivorship. And where the consideration of the bond, or other security, given to the wife in her own name, during coverture, has proceeded from her, or her estate, or where it was the gift of a third person, it seems that if the husband does not dispose of such security, or collect the money thereon, or proceed to judgment in his own name, during his lifetime, it will belong to her by survivorship if she outlives him. (See Nash v. Nash, 2 Mad. Rep. 133; Hilliare and wife v. Hambridge, Alleyn's Rep. 36; and Searing v. Searing, 9 Paige's Rep. 283.) In cases of this kind, as well as in cases of choses in action given to the wife before coverture, or other property of the wife not reduced to possession by the husband, the wife was permitted, previous to the revised statutes, to dispose of the same by will, with the written authority and consent of her husband, in case he survived her. The principle upon which such wills were originally sustained in equity, and afterwards at law, probably was that as the husband, if he outlived the wife, would be entitled to the property by survivorship, and had also the right to reduce it to possession immediately, during coverture, he might waive such right. He could, therefore, allow her to appoint it to whom she pleased, by an instrument in the nature of a will; although such will was, in fact, nothing but an appointment with his assent. The provisions of the revised statutes, however, have somewhat changed the husband’s rights to the property of his wife, by survivorship; by refusing him the right to administer thereon without giving security for the payment of her debts, to the amount of the *272assets which may come to his hands. (2 R, S. 75, § 29.) And as-he is entitled to all his wife’s persónal estate by survivorship, and even during- her life subject to her equity to a support out of the same, he ought not to be permitted to deprive his own ■ creditors of the benefit thereof, in case of her death, by permitting her to dispose of it by will, during coverture. The provision of the revised statutes which declares that males of the age of eighteen years-and upwards, and unmarried females of the age of sixteen and upwards, and no others, may dispose of his or her personal estate by will, (2 R. S. 60, § 21,) is, as I think,sufficient to deprive a’feme covert of the right tó make a will of personal estate, of the character above described; founded' upon the mere assent of the husband to the making of the same. And I am also inclined to think, it likewise deprives her of the right to dispose even of her separate" estate by will; where it is not so disposed of in pursuance of a power, either beneficial or in trust, to dispose of such separate estate by will, or'by a testamentary instrument in the nature of a will;
The revised statutes, however, have expressly provided for the execution of beneficial powers, as well as powers, in trust, by femes covert, in relation to their real estate and chattels real. (See 1 R. S. 732, § 78, 80, and 87; Idem, 735, § 105,106,110, and 115; Idem,, 737, § 130; and Idem, 750, § 10.) I cannot, therefore, believe that it was intended, by the legislature, to deprive a feme covert, who has personal estate conveyed to her separate use, with" an express power to dispose of it by will at' her death, of tire right to make a will, or an instrument in the nature of a will;- for the purpose of appointing-or disposing of her separate estáte, in pursuance of such power. That question, however, is not necessary to be settled at this time; as there was no power reserved in the policy, in this case, authorizing the "wife to dispose of the insurance money, by will or otherwise, in the event which "has"occurred. Nor had the interest of the husband, or of the: wife, in this policy, been conveyed to a trustee," subject to such a power of appointment by the wife. For these" reasons, I think the insurance money belongs to the personal! representatives of the. husband, to be disposed of as a part of his *273personal estate; and that the instrument propounded as the will of Isabella Leo Wolf, ought not to be admitted to probate.
The order of the circuit judge affirming the sentence and decree of the surrogate must, therefore, be affirmed. As this, however, was a new and somewhat difficult question, arising for the first time under the provisions of the revised statutes, and of the act of April, 1840, I shall not charge the appellant with the costs of the respondent on this appeal; but shall direct such costs to be paid out of the insurance money which is in controversy in this suit.