Cochrane v. Schell

19 N.Y.S. 424, 71 N.Y. Sup. Ct. 576, 46 N.Y. St. Rep. 819, 64 Hun 576
CourtNew York Supreme Court
DecidedJune 3, 1892
StatusPublished
Cited by1 cases

This text of 19 N.Y.S. 424 (Cochrane v. Schell) 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
Cochrane v. Schell, 19 N.Y.S. 424, 71 N.Y. Sup. Ct. 576, 46 N.Y. St. Rep. 819, 64 Hun 576 (N.Y. Super. Ct. 1892).

Opinion

O’Brien, J.

The object of this action was to obtain a judicial construction ■of the last will and testament of Adam W. Spies, deceased, and particularly of the ninth and twelfth paragraphs of said will as the same are modified by the third and fourth paragraphs of the second codicil thereto, with a view of having a determination of the persons to whom surplus of income in the hands of the executors and trustees should be given. As most of the questions arising upon this appeal are dependent for their solution upon the view to be taken as to the scope of this action, a preliminary statement of what is sought by the complaint is rendered necessary. The complaint alleges that Adam W. Spies died in May, 1891, leaving a last will and testament, by which the plaintiffs were appointed executors and trustees; that all the above-named defendants are the only heirs at law and next of kin, and the only persons entitled to share in the income or distribution of the estate under the terms of the will; that the principal of the estate largely exceeds the amount of the specific bequests made by the said will, together with any probable claims against it; that the amount of income largely exceeds the payments directed to be made; and that the plaintiffs are in doubt as to the rights of the several defendants under the provisions of the will, and especially as to the proper and legal disposition of any surplus or income from the said estate remaining after the payments therefrom •directed by the said will to be made, and as to their duties as executors and trustees in respect thereto. While, therefore, the object sought by the action might at first blush be regarded as an attempt to obtain a construction of the entire will, it is evident that the primary and essential purpose was to have a -determination in respect to the proper and legal disposition of the surplus of income. The facts showing an existing doubt in regard to a present question, we do not think that the court would have any right to extend the scope of the action beyond a determination of such present existing question. In other words, the executors have only a right to ask the opinion of the court as to their present existing duties,—what they shall now do, not what they may do or shall hereafter do upon any future facts. The plaintiffs were therefore •entitled only to instructions and an opinion from the court as to their duties to-day. That such must be the rule is evident when we consider the character and nature of the action, and remember, as is well exemplified in this case, that a broader rule would result in passing upon the rights of parties not before the court, and perhaps still unborn.

For the purpose of guiding these executors and trustees in the discharge •of their duties, and of disposing of the question presented, it was undoubtedly necessary for the learned judge below to so far construe the will as to reach a determination as to the persons who would be entitled to the next -eventual estate, it being conceded that the persons so entitled should receive the surplus income. While, therefore, a number of questions were presented to the trial judge, just as they are presented upon this appeal, for discussion, the real ones involved relate solely to the validity of the trust to plaintiffs, .and a proper judicial determination of the persons to whom they may properly pay over the surplus of rents and income which may remain after the payment of the annuities provided in the will. That this view of the limited scope of this action is correct is enforced by the pleadings, and particularly by the failure of any of the defendants, as against each other, to ask for any affirmative relief, or, with that object in view, to serve, as required by the [426]*426Code, their answer upon their codefendants. We are of opinion, therefore, that, whatever may be the determination as to these questions, the judgment as amended, adjudging that the testator’s residuary estate was vested absolutely in remainder in the eight grandchildren, and that the surplus income of the estate, in case of the death of any grandchild during the continuance of the trust created by the will, is payable to the heirs and next of kin of such grandchild, should be so amended as to exclude any such determination thus made, and should be confined solely to a determination whether the trust under the will was valid, coupled with the direction to the trustees to distribute the surplus income among those entitled thereto. To determine these questions resort must be had to the will and codicils. By the ninth paragraph all the residue of the testator’s estate, both real and personal, is given to his executors and trustees thereinafter named, and to the survivor and survivors of them and their successors, in trust, to collect and receive all rents of the estate, and all interest, dividends, and income from'the personal estate, and, after paying taxes, insurance, and other legal and necessary expenses thereon, to pay thereout to the daughter and to the grandchildren named certain amounts annually. By the tenth paragraph power of sale is given to the executors, covering all fhe property granted to them by the ninth. The twelfth paragraph, as to which the principal question arises, is as follows: “Twelfth. At the death of my said daughter Sarah Ann, to close this trust I direct that my executors and trustees convey and transfer all my estate, both real and personal, then remaining in their bands, to such of my grandchildren as shall then be living, (except my said granddaughter Sarah Ann French,) viz., Arthur De Wilt Cochrane; Adam W. Spies Cochrane, Cornelia Elizabeth Schell, Henry Spies Kip, Garret Berg Kip, William Rudolph Kip, and Florence Adele Kip, equally, share and share alike; and I hereby give, devise, and bequeath the same to such seven grandchildren; but, if any of said seven grandchildren shall die previous to the decease of my daughter Sarah Ann, leaving issue him, her, or them surviving, then I direct that such issue shall take the share to which their parent would have .been entitled hereunder (if living) under this clause of my will, said shares to be received by said grandchildren or their descendants free from any control or claim of any husband that she or they may have at any time.” By the fourth paragraph of the second codicil he directs that his granddaughter Sarah Ann French shall be included in the division of his estate as mentioned in the twelfth clause, and shall share therein equally with his other seven grandchildren. It therefore appears that until the death of the defendant Sarah Ann Kip the testator has provided for the distribution of but $20,000 of the annual income, which, in the event of the arrival at the age of 25 years by the defendant Arthur De Witt Cochrane, would be increased to the amount of $22,000. The court below found that the testator’s residuary estate consisted of real estate of the value of $1,000,-000, yielding an income of about $30,000, and personalty amounting to $2,-000,000, yielding an income of about $60,000; making the annual net income of the residuary estate about the sum of $80,000; thus leaving, after the payment of annuities, a surplus of about $60,000 every year undisposed of.

Whatever doubt may have existed as to what rule prevailed at common law, the statutes of this state make provision for the disposition of surplus income in certain cases, as follows: “When, in consequence of a valid limitation of an expectant estate, there shall be a suspense of the power of alienation, or of the ownership, during the continuance of which the rents and profits shall be undisposed of, and no valid direction for their accumulation is given, such rents and profits shall belong to the. persons presumptively entitled to the next eventual estate. ” 1 Rev. St. p.

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Related

Cochrane v. French
19 N.Y.S. 428 (New York Supreme Court, 1892)

Cite This Page — Counsel Stack

Bluebook (online)
19 N.Y.S. 424, 71 N.Y. Sup. Ct. 576, 46 N.Y. St. Rep. 819, 64 Hun 576, Counsel Stack Legal Research, https://law.counselstack.com/opinion/cochrane-v-schell-nysupct-1892.