Cady v. Lincoln

57 So. 213, 100 Miss. 765
Mississippi Supreme Court·Decided October 15, 1911·Published·Cited by 2 cases

Opinion

McLean, J.,

delivered the opinion of the court.

This is a suit brought by Burton Cady and Mrs. Ozzie Cady Hogan, Annie Leigh Cady, and Fannie Cady against the appellees, wherein the complainants allege that they are the owners, and the defendants are in possession, of squares thirty-one and thirty-two in the city of Columbus, Lowndes county, this state, asserting that the title of the defendants to this property is null and void, and asking that the claims of the defendants be canceled as clouds upon the title of complainants and [773] that the same be removed. The common source of title is William Cady, who died in the year 1876. Mr. Cady executed the following will:

“In the name of Giod, Amen. I, William Cady, of the city of Columbus, county of Lowndes and state of Mississippi, being in feeble health but of sound and disposing mind, memory and understanding, do hereby make this my last will and testament, hereby revoking all former wills heretofore made, that is to say:
“First. I nominate, constitute and appoint my friend James B. Bell as executor of this my last will and testament and trustee for the purposes hereinafter specified, and having full confidence in his capacity, prudence and integrity, it is my will that he shall not be required to give security for the discharge of his duties as such, gxecutor and trustee, unless in the judgment and discretion of the proper court it should at any time become necessary and proper to require it of him.
“Second. I give, devise and bequeath to the said James B. Bell, as trustee, that certain property in the city of Columbus, known as the ‘Eclipse Livery Stable’ including the stables, sheds and lots thereto attached, to be held in trust for the following uses and purposes, to wit: The rents, issues and profits of the said property to be applied to the support and maintenance of my son William Cady, Jr., and his son Burton Cady, or survivor in case of the death of either. In the event of the death of both, the said property shall return to and become a part of my estate, and be equally divided between my son James M. Cady and my daughter Mary Adella Cady, in the same manner as the other property hereinafter bequeathed to them.
“Third. I give, devise and bequeath to my son James M. Cady that certain property in the city of Columbus known as the ‘Horse Mansion,’ including the stables, sheds, and lots thereto attached, to have and to hold during the term of his natural life, and to the heirs of his [774] body, with all the rents, issues and profits of the same, subject, however^ that the said James M. Cady, or my executor during his minority, may sell and dispose of so much of said property fronting on Market street as it shall be found profitably disposed of for business houses, the proceeds of such sale, or so much as may be necessary, to be applied to the erection of new stables on the rear portion of said property now occupied by stock sheds and lots.
“Fourth. I give, devise and bequeath to my daughter Mary Adella Cady my residence and the buildings and lots thereto attached, with the household and kitchen furniture thereto belonging, in the city of Columbus, for the remainder of her natural life, with the remainder to the heirs of her body. Provided, however, that my residence shall be occupied as a home for my family, to wit, my children and grandchildren now living, so long as they shall remain together as a family, the necessary supplies and provisions for the family to be chargeable upon the property, devised in items two (2) and three (3), unless my son William and his son Burton should cease to live with the family, in which case it shall be a charge upon the property devised to my son James M. Cady in item third.
“Fifth. As to the residue of real and personal estate, my will is that my executor shall, without any order of the court, sell the same as he shall think advisable, and on such terms as he may think best, and the money .arising from such sales and from the collection of debts due me and all other sources, he shall apply as follows: First, he shall pay all my just debts; second, one-fourth of the remainder he shall apply to the use of my son William and his son Burton, to be held by the said James B. Bell as trustee, to.be invested at his discretion, and applied as directed in reference to the ‘Eclipse Stable’ property in item second; third, the remainder to be equally divided between my son James M. Cady and my daughter Mary [775] Adella Cady, and paid to them as they shall respectively become of age.
“Sixth. My son James M. Cady and my daughter Mary Adella Cady are to have and bear jointly the care and expense of the education and maintenance of my grandchildren, Bobby Cady and Julia Reddick. The said Bobby Cady and Julia Reddick are each to receive the sum of five hundred dollars in cash when they become of age, to be paid jointly by the said James M. and Mary Adella Cady.
“Seventh. In the event of the death of one or more of my said children without issue, the property herein devised to such child shall be equally divided between the surviving children, the share so coming, however, to my son William to be held by said trustee as provided in item second of this will.”

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Cady v. Lincoln, 57 So. 213, 100 Miss. 765 (Mich. 1911).

57 So. 213 (Cady v. Lincoln) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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