Bundy v. Bundy

47 Barb. 135, 1866 N.Y. App. Div. LEXIS 136
CourtNew York Supreme Court
DecidedNovember 20, 1866
StatusPublished
Cited by4 cases

This text of 47 Barb. 135 (Bundy v. Bundy) is published on Counsel Stack Legal Research, covering New York Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Bundy v. Bundy, 47 Barb. 135, 1866 N.Y. App. Div. LEXIS 136 (N.Y. Super. Ct. 1866).

Opinion

Balcom, J.

The will of Laartus Bundy, deceased, is in the words and figures following, viz:

1. “ I will, give and devise unto my wife Clarissa M. Bundy, and Ellen B. Bundy, the daughter of James Bundy, all my real and personal- estate, property, assets and effects, subject tó my debts.
2. I also further will and direct that in case either the said Clarissa M. should die without heirs, or that the said Ellen B. should die without heirs, that the proceeds invested for either so dying, after sale of my said personal property, shall be equally distributed among the heirs -at law of my mother.
3. And I further will and direct that my executors, hereinafter to be named, sell and convey my real estate and convert my personal property into cash; also, that the said executors invest the proceeds of the sale of both my real and personal property in bond and mortgage or other good securities*
[138]*1384. I also will and direct that the said Clarissa M. and the said Ellen R. use, respectively, so much, or enjoy the use of so much of the interest arising out of the said bonds and mortgages or said other' securities, or both, as shall be necessary and proper for 'their maintenance and support, and that if the interest be not sufficient for such maintenance and sup-. port, then they or either of them shall receive funds for such support from the principal so invested.
5. And I hereby will and direct that the said proceeds from the said real estate and the said personal property be equally divided between my said wife and the said Ellen R., and that whenever the said investments are made, that they be made to each separately, or one half to each separately, or in the name of each separately, and I hereby appoint my brother James Bundy the guardian of the said Ellen R.
6. The above gifts, bequests and devises to my said wife are made -in lieu of dower; and I do hereby appoint the said James Bundy and Oscar A. Bundy, my brothers, and my wife Clarissa M- my executors of this my last will and testament.”

The testator had no child, nor has his widow, Clarissa M. any child. His widow is a little over twenty-eight years of age ; and Ellen R. Bundy is a little over thirteen years old. The latter is a niece of the testator.

The plaintiffs, as executors, and the widow as executrix, of the will, have converted the real and personal estate, left by the testator, into money and have paid his debts; and they have about six thousand dollars remaining of the proceeds of the estate. They desire to know what they shall do with this money ; and all the parties ask for information from the court as to their rights under the will in’question.

The widow of the testator accepted “the gifts, bequests and devises ” to her in lieu of dower; and she has acted as executrix of the will with the plaintiffs, as executors.

The figures prefixed to the clauses of the will are not in [139]*139the original, but have been placed there by me for convenience in referring to the different provisions in it.

Is is clear that the first clause of the will is qualified by subsequent ones in it, if the language of the latter shows that the testator intended to qualify the former. . And no argument is necessary to prove that such was his intention. (See 3 Kern. 273 ; 16 N. Y. Rep. 83.)

The widow has the right, by the will, to “use” or “enjoy” so much of the interest or interest and principal of one half of the surplus money or proceeds of the estate of the testator, now in the hands of the executors and executrix, “as shall be necessary and proper” for her “maintenance and support” during her life ; and Ellen R. Bundy has the right, by the will, to “use” or “enjoy” so much of the interest, or interest and principal of the other half of such money or proceeds “as shall be necessary and proper” for her “maintenance and support” during her life. But neither the widow ■ nor Ellen R. is constituted, by the will, the judge as to how much of the interest, or interest and principal of half of that money or proceeds “ shall be necessary and proper,” at any time, for her maintenance and support. Hence the clause in the will, declaring that if either should die “without heirs,” the share of the proceeds of the estate “invested for” the one so dying, “shall be equally distributed among the heirs at law” of the testator’s mother, is valid ¡ and neither the widow-nor Ellen R. is entitled to half of such proceeds absolutely, without limitation or restriction. But each would take half of those proceeds absolutely, if the will authorized them to “use” or “enjoy” the interest thereon and principal, as they should deem “ necessary and proper ” for their maintenance and support; and in that case the limitation over to the heirs at law of the testator’s mother would be void. (See 3 Kern. 273 ; 22 N. Y. Rep. 558.)

It follows, that the heirs at law of the testator’s mother have a contingent interest, by the will, in the surplus money or proceeds of the estate.

[140]*140The proceeds of the estate are mentioned in the second clause of the will as being invested for ” either the widow or Ellen E. In the third clause the testator directs his executors to invest the proceeds of the sale of both his real and personal property in bond and mortgage, or other good securities. In the fourth clause he speaks of his widow and Ellen E. receiving funds for their support from “the principal so invested and in the fifth clause he declares, “ that whenever the said investments are made, that they be made to each separately, or one half to each separately, or in the name of each separately.” He nowhere directs or intimates that his widow, in her individual capacity, or Ellen E. shall invest any of the proceeds of his estate. And I am of the opinion the intention of the testator, as manifested by his will, was that his executors and executrix should retain in their hands the proceeds of his estate after paying his debts; and that, in their representative characters and as trustees, .they should invest one half of such proceeds, separately, as the funds of his widow, and the other half of such proceeds, separately, as the funds of Ellen E.; and that, in their representative characters and as trustees, they should receive the interest on such investments, and pay over, from time to time, to his widow such portions of the interest, or interest and principal of the funds invested as her money, “ as shall be necessary and proper for her maintenance and support; ” and that in the same capacity they should pay over, from time to time, to Ellen E. such portion of the interest, or interest and principal invested as her money, “as shall be necessary and proper for her maintenance and support; ” and that the executors, in their representative characters and as trustees, should keep a separate account of the funds invested for the widow,

■ the interest received therefor, and of the money paid over to her ; and that, in the same capacity, they should keep another and separate account of the funds invested for Ellen E. the interest received therefor and of the money paid over to her.

If the widow or Ellen E.

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Bluebook (online)
47 Barb. 135, 1866 N.Y. App. Div. LEXIS 136, Counsel Stack Legal Research, https://law.counselstack.com/opinion/bundy-v-bundy-nysupct-1866.