Bear v. Millikin Trust Co.

168 N.E. 349, 336 Ill. 366
CourtIllinois Supreme Court
DecidedOctober 19, 1929
DocketNo. 17069. Decree affirmed.
StatusPublished
Cited by43 cases

This text of 168 N.E. 349 (Bear v. Millikin Trust Co.) is published on Counsel Stack Legal Research, covering Illinois Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Bear v. Millikin Trust Co., 168 N.E. 349, 336 Ill. 366 (Ill. 1929).

Opinion

Mr. Justice Dunn

delivered the opinion of the court:

Paul C. Bear appeals from a decree of the circuit court of Piatt county sustaining a demurrer to a bill in equity for the partition of certain land formerly belonging to Carlton J. Bear and for the cancellation of a deed executed by Bear in his lifetime to the Millikin Trust Company.

Carlton J. Bear died intestate on July 28, 1919, leaving Bertha R. Bear, his wife, surviving, and his heirs were his four sons, Paul C., Lee M., Lloyd J. and Ralph W., and his daughter, Grace M. Martin. The widow, Bertha R. Bear, died on July 1, 1924, leaving a will. Paul C. Bear, Lee M. Bear and Grace M. Martin, three of the heirs of Carlton J. Bear, filed a bill to the October term, 1924, of the circuit court of Piatt county in which they alleged Carlton J. Bear’s ownership, in his lifetime, of about 1500 acres of land in Piatt county, (describing it,) and averred that by his death intestate they and their brothers, Lloyd J. and Ralph W. Bear, each became seized of an undivided one-fifth of the premises. The bill further averred that on April 4, 1917, Carlton J. Bear, then being of the age of sixty-one years, together with his wife, Bertha R. Bear, executed a certain pretended indenture of trust, by which he undertook to transfer and convey to the Millikin Trust Company the premises, together with certain shares of the capital stock of certain corporations which were named and the proceeds of the sale of certain land then owned by the grantor in the States of Mississippi and Arkansas; that the instrument was recorded in the office of the recorder of Piatt county, and a copy of it was attached to and made a part of the bill. The bill further represented that the instrument was without consideration, was an attempt by the grantor to make a testamentary disposition of the property described in it without complying with the laws of the State applicable to wills; that it was not signed, executed, attested and published as a will, in compliance with law; that it is vague, uncertain, ambiguous, and for other good reasons appearing from an examination of it is void; that it attempts to create estates which will not vest within the period allowed by law and violate the rule against perpetuities; that it is a cloud upon the title of the complainants and their tenants in common and ought therefore to be set aside.

The instrument is in form a deed conveying real and personal property to the Millikin Trust Company in trust, the first paragraph of which conveys and describes the property. The next three paragraphs fix the powers, duties and compensation of the trustee and reserve to the grantor the right at any time during his life, upon notice to the trustee, to vote the shares of stock conveyed by the instrument. Paragraph 5 requires the net income from the real estate to be paid to the persons entitled thereto semiannually, on the first days of March and September, the entire net income from the trust estate to be paid to the grantor during his life. Paragraph 6 provides that after the death of the grantor the net income from the shares of stock transferred to the trustee shall be paid to his widow during her life, in addition to the provisions for her made in other clauses of the instrument, and the net annual income from the remainder of the trust estate shall be divided equally among the widow and the grantor’s children, (naming them,) share and share alike, or among such of them as shall then be living at the time of the semiannual income payments during the life of the widow. Paragraph 7 provides that in case of the death of either of the children during the life of the widow and after the death of the grantor, leaving no wife, husband or descendant surviving, then the net semi-annual income shall during the life of the widow be paid to her and the then surviving children of the grantor, share and share alike. Paragraph 8 provides that after the death of the grantor, in case of the death of either or any of his sons or his daughter, Grace M. Martin, if such deceased son or deceased daughter shall leave a wife or husband surviving, such surviving wife or husband shall receive during the life of the widow the share of the semi-annual income said son, sons or daughter, respectively, would have received; and in the event of the death of such surviving wives of a son or sons, or husband of the daughter of the grantor, after his death and during the life of his widow, the surviving child or children, or descendants of such child or children, per stirpes, shall receive the share of the semi-annual net income such deceased widow of the son or sons, or deceased husband of the daughter, would have received, if living. Paragraph 9 provides that if the grantor should survive his wife, then after his death the net income from all sources of the trust estate should be paid to the sons and daughter of the grantor then living, during their respective lives, except as otherwise provided, share and share alike. Paragraph 10 provides that in case of the death of either or any of said sons or daughter of the grantor, whether before or after the death of the grantor, and in case Bertha R. Bear should die during the life of the grantor, and such deceased son, sons or daughter leave no wife, husband, child, children or descendants surviving them, the net semiannual .income shall be paid, share and share alike, to the surviving children of the grantor during their respective lives, except as otherwise provided. Paragraph 11 provides that after the death of the grantor, should he survive his wife, then, in case either of his said children shall have died before the death of the grantor, or shall have died after his death and shall have left a widow or husband surviving, such surviving widow and surviving husband also surviving the grantor, shall receive the semiannual net income their respective husband or wife would have received if living, but not for a longer period than the period of the trust nor for a longer period than the life of the last surviving child of the grantor, and not for a longer period than the time of the respective distribution of the trust estate or distribution of the shares such surviving wife or husband represents. Should such surviving widow of a son or husband of the daughter of the grantor die, and there be no child, children or descendants of such son, sons or daughter of the grantor surviving them, such income shall thereafter be distributed among the others entitled to the semi-annual income, share and share alike.

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Bluebook (online)
168 N.E. 349, 336 Ill. 366, Counsel Stack Legal Research, https://law.counselstack.com/opinion/bear-v-millikin-trust-co-ill-1929.