This action instituted in the probate court has for its object the settlement of the estate of Daniel Mc-Neill in the bands of the defendant, Malcolm McNeill, his executor, and after many successive amendments in the pleadings, the issues arising thereon were eliminated and certified to the superior court where by consent they were to be referred under the code subject to exceptions and the right of appeal. At the same time the clerk of the superior court proceeded to state an. account of t'he executor’s administration. The referee and clerk make their separate reports, and various exceptions ¡to each are filed on behalf of the several interested parties on which the judge has passed, and from his rulings the executor appeals.
The only matters therefore before us for review are such exceptions of the plaintiff and others, entitled to the residuary legacy, as are decided adversely to the executor, and his own disallowed exceptions. The exceptions to the report of the referee, Black, will be first considered.
Exceptions of plaintiff A. B. Currie, sustained by the court.
3 Ex. The referee allowed the executor, as an off-set or claim, the value of two negro slaves belonging to the estate and -sold by the plaintiff A. B. Currie in 1859, to which •two defences! had been interposed — the bar of the statute of limitations and the estoppel of a previous adjudication.
The slaves were put in possession of the plaintiff with-two others, bequeathed by the testator to his wife Caroline, and converted to his use. The action to recover their value brought' by the executor terminated at spring term, 1866, in an entry on the docket in these words : “ By consent of parties suit dismissed, at costs of defendant and the defendant has paid the costs.” The present suit was commenced on October 21st, 1874.
*179The court held the statute to be an effectual bar to the claim and in this opinion we concur.
The argument for the defendant is, that the delivery of the slaves was in payment of the wife’s legacies to their value, and the statute has no application. This iheory has no support in the facts of the case, and is contradicted by the suit brought for their recovery and its adjustment. It was a tortious act of the defendant, not of his wife, and cannot have the effect .to impair her claim to a share of the residuary fund.
It is insisted again that the plaintiff suing as the administrator of his wife is the equitable owner of her personal estate, and it should be applied in discharge of his individual liability to it, and the value .of the slaves sold treated as an advanced payment of her legacy. But the lapse of time is a barrier, against the assertion of the claim, and heing relied on admits of no such adjustment. Besides the plaintiff-must dispose of her personal property in a due course of administration and is only entitled to the distributable surplus remaining. “We do not knowwhat maybe the liabilities of the wife’s-estate,” remarks Reade, J., in answer to a similar-argument, “ and -we cannot administer it in this action. The claims of the defendants are not against the wife’s estate, hd against the husband plaintiff in his individual capacity, and they, are neither sets-off nor counter-claims in this action.'” Holliday v. McMillan, 79 N. C., 315. This is not in conflict in with the decision in Ransom v. McClees, 64 N. C., 17, which rests upon entirely different grounds.
Ex. 4. This exception depends upon the second defence, to-wit, the adjudication in the action for the value of the slaves converted, which is also held to be a bar. This need not be considered because the preceding exception disposes of the claim.
Exceptions of the plaintiff and others to -the report of -the clerk sustained by the court.
*1801 & 3 Exs. The executor is not charged with the sums mentioned, but only with the sum realized from, a sale of the securities under the order of the probate judge. The court rules that lie should account for the face value of the securities upon the ground that they “ were good and might have been put in judgment and collected before the first stay law and that they'were lost by the negligence of' the defendant.”
In our opinion the ruling is .not warranted upon the facts stated. The collection was not required by the.exigencies of the estate, and the fund, if collected, would have to be reinvested. If retained, it would have become worthless, and why change an investment already made and apparently . entirely safe ? The largest debtors were of ample present means, an.d their insolvency is due to causes a trustee is not bound to foresee and provide against. Wherein then lies a culpability entailing upon him the'personal loss ?' It might with equal if not greater propriety, be insisted that his collection of funds safely invested was an act of negligence, subjecting him to responsibility for the loss. Nor does it appear that reducing the demand to judgment would have added to its security, and if it would have done so, that already possessed seemed to be abundant and the fiduciary might rest content with its preservation. There is no imputation of a want of diligence in making the effort to collect after, the war, or that an effort would have averted the result. This ruling of the court is reversed and the exception disallowed.
5 Ex. Thar certain sums paid for taxes should be scaled.
The ruling of th.e court upon this.exception must be also reversed. The collections seem to have been largely in confederate currency. These are not reduced by the scale. Why should the .disbursements be put upon, a different -footing ?. As the executor is charged with the currency received at its face' value, it is.but fair he should be credited *181in like manner with what he pays out. Drake v. Drake, 82 N. C., 443.
7 Ex. The executor is improperly allowed the sum of $680 in confederate currency and .$800 in confederate bonds, with interest from January 1, 1863, of the trust fund remaining on hand and worthless: The court upholds this exception and assigns as a reason for the ruling that the executor collected less of this money than he has paid out and now holds, and cannot be permitted-to use his own moneys to the detriment of the estate. It is not alleged or suggested that he did not collect and keep separate from his own, the moneys of the estate of which these sums constitute a portion, but that some of the aggregate amount (that heretofore paid out) was his owii .individual property. We do not agree in the conclusion that the whole credit should be stricken out, while we do agree in disallowing so much thereof as measures the excess-of the disbursements oyer the receipts. This excess is not a part of the trust fund and should be deducted from the aggregate and the residue only admitted as a credit.
9 Ex. There are many exceptions similar to this. For that the sum for distribution is incorrect and should be larger; the shares of each being by the report $2y5.55
This is not properly an exception, but a declared consequence of the correctness of the account- before demanded, and if it were in substance as well as in form, the exception is too indefinite to be considered. Whitford v. Foy, 71 N. C., 527; Chastain v. Coward, 79 N. C. 543; Sait v. Suit, 78 N. C. 272; Overby v. Fayetteville B. & L. A., 81 N. C. 56.
The same disposition must be made of exception 1 of A. B. Currie, administrator of hist deceased wife Catherine, as administrator of Ann Gillis, and as administrator of Alexander McNeill, and óf Neil D. McNeill and Daniel McNeill, all of which are of the same kind and obnoxious to the same objection.
*182The disallowed exceptions of the executor to the referee’s report, except as their subject matter has been already considered and decided, do not bear materially upon the result and for the reasons given by the court, the rulings thereon are affirmed.
The account rendered by the clerk will be corrected and reformed as required by the unreversed rulings of the court below and the rulings in this court, and in order thereto there must be a reference.
We have overlooked grave irregularities in the record certified to the court in order to a solution of the questions intended to be presented and a determination of the controversy upon its merits. The record shows that after transmitting the issues to the superior court the probate judge retained the cause and proceeded .to take and state the administration account. The matters involved in the reference are no obstacle to an order for an account and properly belong to the account. The only defences which need to be previously determined are such as discharge the party altogether, as a release or accord and satisfaction, or a full and final settlement before had, and those which upon the taking the account may show nothing to be due.
The matters of defence set up in the answer tend in this direction and may be passed on in taking the account, and there was therefore no necessity for the appointment of the referee. The two reports must therefore be consolidated and treated as one, though- the practice of a double reference is calculated to introduce confusion and embarrassment and is strongly disapproved ; and this we do the more readily, because no objection was made on the trial and the validity of both reports are recognized in the filing of the numerous exceptions to each of them. The numerous cases cited for the defendant, in regard to references under the code, were decided before the recent constitutional changes enlarging the appellate jurisdiction of this court under *183which the practice must-be modified. We have already said that in references for an account similar to that which prevails in a court of equity, the judge must .pass upon the whole case presented in the report and the evidence as well upon which the findings of fact are based without the necessary intervention of a jury, and so must this court upon the appeal according to the former equitable usages.
The court therefore considers the appeal from the same point occupied by the judge below and must correct all his erroneous rulings upon a full review.
Upon the confirmation of the report directed to be made, final judgment will be entered, until which the cause is retained.
Per Curiam. Judgment accordingly.