Possessed one daughter, keeping wife (5)
I believe the answer is:
owned
'possessed' is the definition.
('own' can be a synonym of 'possess')
'one daughter keeping wife' is the wordplay.
'daughter' becomes 'd' (genealogical abbreviation).
'keeping' means one lot of letters goes inside another.
'wife' becomes 'w'.
'one'+'d'='oned'
'oned' going around 'w' is 'OWNED'.
(Other definitions for owned that I've seen before include "admitted making confession" , "Had lawful title to" , "to oneself?" , "Had possession of" , "Confessed" .)