Brown v. Columbia Finance & Trust Co.

97 S.W. 421, 123 Ky. 775, 1906 Ky. LEXIS 215
Court of Appeals of Kentucky·Decided November 21, 1906·Published·Cited by 18 cases

Opinion

Opinion by

Judge O’Rear

Reversing.

We can do no better in the statement of the case than to adopt the very clear presentation made in the brief of counsel for appellee: This action was brought by the appellee, plaintiff below, to enforce a mortgage given by John Mason Brown upon his in-( terest in the Ellerslie tract of land in Fayette county; and the question presented for decision upon this appeal is whether his interest is one in fee simple, and held by him under the will of his grandmother, Mrs. Preston, and so liable to the mortgage debt, or whether it is an uncertain executory interest, held by him under the will of his mother,. Mrs. Mary O. Brown. The Ellerslie tract was owned by Robert Wickliffe, who devised it in trust for the use of his daughter,» Mrs. Preston, during her life, giving to her a power to appoint the same by will to the use of any of her children or descendants, and providing that in default of such appointment it should go to her heirs at law. Mrs. Preston, by her will, excercised this power by appointing the property to her six children — five [777]*777daughters and one son — -for their respective lives, with remainder in fee to their children. All of these six children of Mrs. Preston were born before the death of Robert Wickliffe, the creator of the power of appointment, and were therefore in being at the time that power came into existence by his death. One of the six children of Mrs. Preston was Mrs. Mary O. Brown, who died a few years after her mother, leaving a will, by which she devised all of her property to the Fidelity Trust & Safety Vault Company upon certain trusts for the benefit of her four children, one of whom is John Mason Brown. It is claimed by the appellees that, under the exercise by Mrs. Preston of the power of appointment conferred by Robert Wickliffe’s will, John Mason Brown, upon the death of his mother, Mary O. Brown, took an undivided one-fourth interest in fee simple in the one-sixth interest which had been given Mrs. Brown for life by Mrs. Preston. It is claimed, on the other hand, by Mr. Southgate, the guardian ad litem for the appellants, the children of John Mason Brown, that the exercise by Mrs. Preston of her power of appointment was invalid, and that, therefore, under the will of Robert Wickliffe, the Ellerslie tract passed, in default of any valid appointment, to the children of Mrs. Preston in fee simple upon her death; that Mrs. Brown, as one of these children, had the right to dispose of her interest by will; and that it therefore passed under her will to the trustee therein nominated. It is conceded by all parties that, if Mrs. Brown’s one-sixth passed to her solely by the exercise of the power of appointment by her mother, then she had no power to embrace it in the trust created by her will,'even if that instrument could be construed as intended to embrace it./- The lower court adjudged that John Mason Brown’took a vested fee-simple interest under the will of Mrs. Preston, which was liable for the [778]*778mortgage debt created by Mm, and ordered it sold to satisfy the claim of plaintiff, Columbia Finance & Trust Company, and from that judgment this appeal is prosecuted by Ms children, who might have a possible interest in the land, if it were held to have passed under Mrs. Brown’s will. John Mason Brown himself, the principal defendant, does not complain of the judgment, nor unite in the appeal.

Robert Wickliffe, the great-grandfather of John Mason Brown, and whose will is first to be construed, provided thus, in the third clause of the second codicil of his will: “I do devise and give to my son-in-law, Wm. Preston, my lands and estates lying near the city of Lexington, between the Richmond and Winchester roads, called Ellerlsie and Scuffleton, which estates are composed of the old Ellerslie place derived by me from Mason, the lands adjacent thereto-acquired by me through conveyances from my late wife Mary O. Wickliffe, and a small tract acquired by me from Vaughns, and all of my lands adjacent or contiguous to the said tracts amounting altogether to 1,500 or 1,600 acres of land, to have and to hold the said Ellerslie, Scuffleton and -other lands to him, the said William Preston, his heirs and assigns in fee-forever, but upon these special confidences and trusts, viz.: (1) That .he will hold the same for the use and benefit of his wife, my daughter, Margaret WickliffePreston, together with rents, issues and profits thereof, for and during the full term and period of her natural life, and after her- death, to the use of any child or children or descendants of my said daughter, to whom she may by her last will and testament, or-an appnintxnent in the nature of a last will and testament, direct, limit or appoint said uses, and according-to the provisions, restrictions and conditions of said will; and if my said daughter should not make any such disposition by will or appointment in the nature» [779]*779of a will, then that the said William Preston shall hold the same for the use and benefit of the heirs at law of my said daughter Margaret. (2) That my said daughter shall not render the said lands liable to debts by mortgaging the same and shall not charge or encumber said property unless in conformity with the provisions of my will and codicil, and that the said property . shall not be sold, conveyed, mortgaged, charged or incumbered, except in conformity with the provisions of my will heretofore declared and specified. (3) Nothing contained in this will and codicil shall be so construed as to discharge the Ellerslie and Scuffleton lands from an estate by the curtesy to William Preston therein, as it is my will that said William Preston shall take an estate by the curtesy in said lands as if the same had passed to my daughter Margaret by descent, and not by this devise.”

The said Margaret W. Preston died a resident of Fayette county on February 2, 1898, having theretofore made and published her last will, which was on April 15, 1898, duly probated inJFayette county. Her will recites that ifwas made in virtue of the power given her by the will of her father, Eobert Wickliffe. She left surviving her six children, and no descendants of any deceased children. She devised the Ellerlie tract of land and all the residue of her real estate •to he divided equally among her six children, subject to certain charges against them, respectively, and further provided as follows: “The real estate given by this will to my children is given for and during their respective lives, and at the death of each shall pass to the heirs of his or her body‘living at such death, and in the event of there being no such heirs, then pass to my descendants; but each of the devisees shall have full power, by last will, to devise and dispose of the estate received under this will among such devisee’s [780]*780own descendants, or if there are none, then among my descendants at snch devisees’ discretion.

One of the six children of Mrs. Preston was Mary O. Brown, the mother of John Mason Brown. She died a resident of Jefferson county in. March, 1898, having theretofore, on January 8, 1895, made and published her will, which was duly probated in Jefferson county. • Mrs. Mary O. Brown left surviving her four children; John Mason Brown being one of the number. After certain specific legacies she devised to the Fidelity Trust & Safety Yault Company of Louisville all of her property and estate upon the following trust: ‘ ‘ The same shall be held by it, as trustee, and the net income thereof to the extent of $1,500.

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Brown v. Columbia Finance & Trust Co., 97 S.W. 421, 123 Ky. 775, 1906 Ky. LEXIS 215 (Ky. Ct. App. 1906).

97 S.W. 421 (Brown v. Columbia Finance & Trust Co.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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