This was a bill filed in the circuit court-of Crawford county to enjoin the sale of real estate by a. trustee in a deed of trust.
In the bill, exhibits and answer, upon which the case was heard, there was no disagreement between the parties as to the material facts, which may be briefly stated:
J. Neal & Co., a mercantile firm of 'Van Burén, composed of Neal and Charles G-. Scott, being largely indebted and unable to meet its liabilities, by an arrangement between the parties, Henry C. Robards, the son-in-law of Scott, became his successor in the firm, and assumed its debts at fifty cents on the dollar, for which he executed his notes to-the several creditors of the firm, bearing date June. 1, •1874.
To secure the payment of the notes, Charles Q-. Scott and wife, Caroline L. Scott, Henry C. Robards and wife, Johanna P. Robards, executed a deed of trust, with power of sale, to Augustus. J. Ward, as trustee, conveying lands- and lots which, were the separate property of Mrs. Scott and her daughter, Mrs. Robards, which deed of trust was dated on the first, and duly acknowledged in accordance with the statute of the thirteenth of June, 1874.
1. Married Woman: Her power to convey or mortgage her realty.After the execution of the deed, Mrs. Robards died, leaving an infant child, Charles Robards.
Henry 0. Robards failing to pay the notes secured by the trust-deed at maturity, Ward, the trustee, advertised the lands and lots for sale under the power contained in the deed, and the bill for injunction was filed by Mrs. Scott and her infant grand-child, Charles Robards, making the trustee, the beneficiaries, etc., defendants.
The bill assumed that the deed of trust was invalid as a conveyance by Mrs. Scott and Mrs. Robards, both married women, to secure the notes executed by Henry C. Robards.
On the hearing, the court dismissed the bill, and complainants appealed to this court.
Counsel for appellants cite Stillwell and wife v. Adams, 29 Ark., 346; Davidson v. Lanier, 51 Ala., 318, and Lippincott v. Mitchell, 94 U. S. (4 Otto), 767, to sustain the proposition that a married woman can not mortgage her separate estate to secure a debt contracted by her husband.
The case of Davidson v. Lanier followed Wilkinson v. Cheatham, 45 Ala., 337, and in both cases the wife attempted to mortgage her statutory separate estate to secure a debt of her husband, and the court held that the statute limited her power over her estate, and disabled her to make the mortgage.
Lippincott v. Mitchell was an Alabama case, and the supreme court of the United States followed the decisions of that state made upon its statutes.
By our statute, a married woman may convey her real estate, or any part thereof, by joining ber husband in a deed, acknowledged in tbe prescribed form. Wood and Wife v. Terry et al., 30 Ark., 391.
The statute does not limit her power of conveyance to any particular purpose or consideration.
Sbe need not acknowledge a consideration, for that may go to tbe husband. Little, Trustee, v. Dodge, Guardian, 32 Ark., 459.
If it please ber, sbe may sell her land and pay tbe debts of ber husband with the proceeds, or set him up in business.
"Why, then, may sbe not convey it by mortgage, or deed of trust, to secure tbe payment of bis debts, if sbe chooses so to do ?
In Stillwell and Wife v. Adams, 29 Ark., 346, supra, tbe mortgages were held invalid because not. acknowledged in the form prescribed by tbe statute.
This court has in no case held that a married woman could not execute a valid mortgage of ber estate to secure tbe debts of her husband, and thousands of such mortgages have been taken in tbe state.
Mr. Jones, in bis work on Mortgages, see. 113, vol. 1, says: “ A married woman may make a valid mortgage of ber separate property to secure tbe payment of the debt of her husband, or of any other person, etc. Any consideration which would be sufficient to support tbe obligation, if made by any one else, as, for instance, the granting of tbe original loan, or á subsequent extension of the time of payment of tbe debt, is sufficient to support tbe undertaking. Whatever conflict there may be in the authorities as to tbe ability of a wife to charge herself personally for any debts not contracted for her own benefit, there is a general unanimity in bolding that a mortgage upon her property may be enforced against that.whether made for her benefit or not.”
See, also, 1 Bishop on Married Women, sec. 604.
The decree must be affirmed.