Clay v. Anderson

262 S.W. 604, 203 Ky. 384, 1924 Ky. LEXIS 931
CourtCourt of Appeals of Kentucky
DecidedApril 29, 1924
StatusPublished
Cited by1 cases

This text of 262 S.W. 604 (Clay v. Anderson) is published on Counsel Stack Legal Research, covering Court of Appeals of Kentucky primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Clay v. Anderson, 262 S.W. 604, 203 Ky. 384, 1924 Ky. LEXIS 931 (Ky. Ct. App. 1924).

Opinion

Opinion op the Court bt

Sandidge, Commissioner

Reversing.

The appellee, Challen Anderson, filed a petition' in equity in the Montgomery circuit court against the appellant, T. Stanley Clay, by which he sought to have specifically enforced a written contract between them with reference to the sale of an undivided one fifty-fourth (1/54) interest in and to a farm located at Indian Fields, in Clark county, consisting of 350 acres. Clay had refused to carry out the contract by receiving the deed and paying the purchase price, claiming that Anderson’s title was not good. By the petition Anderson set forth that he became the owner of the one fifty-fourth interest in the land mentioned by the will of his uncle, Alex Anderson. The will and its codicils were set forth in full in the petition and such a construction of same was pleaded as would vest in Anderson the fee to the the land in question. The court overruled Clay’s demurrer to the petition, and, Clay declining to plead further, the court entered a judgment for the specific performance of the contract. By the judgment the court held that the will of Alex Ander7 son was void as being in contravention of section 2360, Kentucky Statutes, and further that by the first codicil, even though it should be held that the will itself was not in contravention of section 2360 of the statutes, the appellee, Anderson, took the fee to the land in question. Hence this appeal.

The determination of the questions presented by the appeal involves the construction of the statute above and the will of Alex Anderson. The statute reads as follows:

“The absolute power of alienation shall not be suspended, by any limitation or condition whatever, [386]*386for a longer period than during the continuance of a life or lives in being at the creation of the estate, and twenty-one years and ten months thereafter.”

That section of the statute means that no limited or conditional estate may ever be carved from the fee that may extend and postpone the vesting of the remainder interest for a longer period of time than for the duration of the life or lives of the person or persons in being at the creation of such estate, and twenty-one years and ten months thereafter.

The first contention about which the attorneys representing appellant and appellee on this appeal disagree is as to whether the “life or lives” mentioned in the statute must be thé “life or lives” of the beneficial holders of the limited or conditional estate, or whether it may be the “life or lives” of a person or persons foreign to such estate. We deem it unnecessary to determine that question, because the determination of this appeal does not depend u.pon its settlement.

It is insisted by appellant that the chancellor erred in holding that the will of Alexander II. Anderson is in contravention of section 2360, Kentucky Statutes. We may determine that question by deciding whether by its terms there was carved from the fee of the lands in question a particular estate that might extend beyond the limits fixed by the statute above. To aid in determining'that question, we here quote the portions of said will that are pertinent to same:

“4th. I devise and bequeath all the estate and property which I shall own at the time of my death, except as named above, to my friends, James Hensley, Jr., of West Bend, Powell county, Kentucky, and Leland Hathaway, of Winchester, Clark Co., Ky., to be held and controlled by them in trust for the use and benefit of my kindred as hereinafter named and designated.
“5th. I direct that James Hensley, Jr., and Leland Hathaway be appointed and qualified as such trustees as soon as practicable after my executors have performed their functions; that after paying the costs and expenses incident to such appointment and qualification they shall invest the residue of my pei'.sonal property in land stocks or bonds, and they are especially directed to buy the life estate of my wife in my lands if she wish to sell and fix a fair price on her holdings in the judgment of said trus[387]*387tees. If such purchase be made such interest shall pass to my trustees with my other property. Said trustees shall rent all the real estate thus devised annually as long as they control it, either publicly or privately in their discretion and shall collect the rents therefor and such interest and profits, if any, as may accrue on personalty annually.
“I further suggest that said James Hensley, Junior, look after the property thus devised which is in said Powell county and that said Leland Hathaway shall look after such property herein devised as may be in said Clark county.
‘ ‘ 6th. I direct that out of said rents and profits all costs and expenses incident to the proper execution of said trust shall be paid annually and that the remainder or net annual proceeds of said estate shall be divided by said trustees into six (6) equal shares or parts.
“a. . . .
“b. . . .
“e. I direct that one of said shares shall belong to and shall be paid annually by said trustees to the daughters of Josiah Anderson (my brother) who survive me and per stirpes to the descendants of such of said daughters who may then be dead an equal portion to each, that is, to such of said daughters and such descendants as are in being at the time of my death to them during their lives and to their issue per stirpes for 21 years after the death of such designated daughters and their said descendants.
( Codicil.)
“Whereas, I, Alexander H. Anderson, of Clark county, Kv., have made my last will and testament in writing in the year 1902, and have thereby made bequest disposing of the property I may be possessed of at the time of my death, now I do by this writing which I declare to be a codicil to my said will to be taken as a part thereof, will and direct that the portion mentioned in said will to be given to the daughters of my brother, Josiah Anderson, shall be given to all of the children of Josiah Anderson, both sons and daughters, to be divided equally between them, share and share alike.”

With the exception of certain property devised by preceding clauses of his will, by its fourth clause testator [388]*388devised and bequeathed all the estate and property which he might own at his death to trustees for the use and benefit of his kindred named and designated therein-after. By the 6th clause testator provided that annually all costs and expenses incident to the management of the trust estate should be paid by its trustees out of its income and that the remainder or net annual income should be divided into six equal parts. By clauses numbered a, b, c, d, e and f, the six shares of . the annual income were disposed of. Appellee claims to own the fee of the land in question under clause “c” and the first codicil of the will, and the court below so decided. Clause “c” of the will above is clear and unambiguous. By its terms, read in connection with the relevant preceding clauses, the limited estate carved from the fee is made to extend through a period of time that endures only to the end of the lives of the beneficial takers of the limited estate who were in Being at its creation and for twenty-one years thereafter. The limited estate was created By will.

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Cite This Page — Counsel Stack

Bluebook (online)
262 S.W. 604, 203 Ky. 384, 1924 Ky. LEXIS 931, Counsel Stack Legal Research, https://law.counselstack.com/opinion/clay-v-anderson-kyctapp-1924.