Corson v. Oakley

27 P.2d 290, 138 Kan. 520, 1933 Kan. LEXIS 232
CourtSupreme Court of Kansas
DecidedDecember 9, 1933
DocketNo. 31,274
StatusPublished
Cited by8 cases

This text of 27 P.2d 290 (Corson v. Oakley) is published on Counsel Stack Legal Research, covering Supreme Court of Kansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Corson v. Oakley, 27 P.2d 290, 138 Kan. 520, 1933 Kan. LEXIS 232 (kan 1933).

Opinion

[521]*521The opinion of the court was delivered by

Dawson, J.:

This was an action to determine the ownership of certain stocks, notes and mortgages, the legal title and possession of which were in Mary D. Oakley, and which were claimed by the plaintiff administrator as a part of her deceased brother’s personal estate.

The facts which gave rise to this action may be stated thus:

In 1911 there resided in Kansas City, Kan., a family consisting of Mrs. Mary Oakley, a widow, and her four grown children, Fred C., Albert 0., Mary D., and Anna, who was an invalid. Fred C. Oakley married and left the family home the same year. Albert married and left home in 1913. These brothers held the title to the family home, and when they left home they conveyed it to their sister, Mary D. Oakley. She was a business woman of economical disposition who regularly earned from $85 to $120 per month from before her father’s death until 1928. With some assistance from her brothers Mary provided the living for her mother, her invalid sister and herself. About 1913 she started a savings account and accumulated $600 in three years:

In 1915 Fred C. Oakley returned to the family home, bringing his wife and two children. Two more children were bom in the family home. Fred was then a wage worker, earning about the same wages as his sister Mary. By agreement he and his sister put their earnings together in their mother’s checking account in a bank. Mary’s savings deposit also was placed there.. Later this account was kept in the name of Fred and their mother. From this account all the family expenses were paid by Fred or the mother. No arrangement was made for Mary D. to check on it, and ghe did not. During the World War, and following it, Fred’s income, salary and bonuses greatly increased until for a time it reached from $8,000 to $9,000 a year. Meantime the family expenses increased to $4,000 or $5,000 a year.

By agreement of Fred and Mary D. they begun to make investments in stocks and mortgages, including those in controversy. Title was usually taken in the names of Fred C. Oakley and Mary D. Oakley as joint tenants or to the survivor of them. Some of them were taken simply in the name of Mary D. Oakley. Some were taken in the name of Fred C. Oakley and by him assigned to his [522]*522sister, Mary D. Oakley, with dating and signature of witness. One certificate of five shares of stock, typical of several, was made payable to—

“Fred C. Oakley and Mary D. Oakley as joint tenants with right of survivor-ship and not as tenants in common.”

Building and loan investments, of which there were a considerable number and variety, were held in title thus:

“F. C. Oakley or Mary D. Oakley, payable to either or to the survivor.”

Five notes secured by mortgages payable to the order of Fred C. Oakley were assigned by him thus: “Pay to the order of Mary D. Oakley without recourse. F. C. Oakley.” Unimportant variations of these recitals appearing on some of the instruments need not be set down . here.

As these stocks and securities were accumulated they were kept in a safety-deposit box which was rented jointly to Fred C. Oakley and Mary D. Oakley.

About 1916 the entire Oakley family began to plan for eventual removal to Wyoming. The mother, Fred C., Albert O., and even the invalid sister Anna, filed on government lands there. Some members of the family undertook to meet the government requirements of actual residence on those homesteads, while Fred C. and Mary D., the wage earners, kept on with their employment. In time some $25,000 or $30,000 of the family savings were invested in sheep-ranching properties in Wyoming, but that matter is not involved in this lawsuit.

On August 2, 1928, Fred C.' Oakley died as the result of an accident. Thereafter his widow, Minnie T. Oakley, and her children, Mrs. Oakley the mother, Mary D., and Anna built a substantial house on the mother’s homestead in Wyoming under some understanding that they would all continue to live together as a family. Minnie and her children had received about $12,000 in insurance, workmen’s compensation, etc., on account of Fred’s death.

Ten days after Fred’s death Mary D. Oakley made a will in which she devised all her property to the four children of Fred, subject to a small provision for her mother and invalid sister and a devise of some Wyoming land to the children of her surviving brother, Albert. In this will she named executors to manage her estate, in the event of her death, until Fred’s children would be[523]*523come of age, and directed that the income be used for the education of the devisees.

In 1929 Minnie T. Oakley, widow of Fred, returned with her children to Kansas City and brought some sort of action to recover the stocks and securities involved in this action which were kept in the joint safety-deposit box of Fred and Mary. Later that action was dismissed, an administrator was appointed, and this action was begun against Minnie T. Oakley, Mary D. Oakley and one of Mary’s attorneys; but eventually that attorney and Minnie were dismissed out of it, and the cause proceeded against Mary D. Oakley.

In the administrator’s petition it was alleged that, in his life-time Fred C. Oakley had been the owner and in possession of certain stocks, notes and mortgages described, and that plaintiff was entitled thereto, but that the defendant, Mary D. Oakley, claimed title and interest therein and right of possession thereto, and that she had refused to deliver them to plaintiff.

Mary D. Oakley answered admitting her claim of ownership and the possession of the described property and denied all other allegations.

The cause was tried without a jury. The court found that at the time of the death of Fred C. Oakley, August 1, 1928, he and defendant, Mary D. Oakley, were the owners of personal property described in the judgment, and that—

“The said Fred C. Oakley, at the time of his death, was the owner of an undivided sixty-two/seventy-sevenths (66/77) thereof, and the defendant Mary D. Oakley was the owner of an undivided fifteen/seventy-sevenths (15/77) thereof, the legal title to the same being in Mary D. Oakley. . . .
“That the said personal property should be partitioned and divided between the owners thereof in proportion to their ownership therein, namely: to the plaintiff, as administrator of the estate of Fred C. Oakley, a sixty-two/seventy-sevenths (62/77) thereof, and to Mary D. Oakley, defendant, a fifteen/seventy-sevenths (15/77) thereof, and that the partition and division of the said personal property, as hereinafter contained in this judgment, is a fair and just division thereof between the plaintiff and the defendant, Mary D. Oakley, in proportion to their aforesaid ownership therein.”

The judgment then specified particular items of these stocks and securities to be set apart to the sole and separate use of defendant, Mary D. Oakley, and directed her to transfer, assign and deliver to plaintiff divers and sundry items of property standing in her name. Certain money and other assets in the hands of one Roy K. Stiles [524]*524which he had collected and which were involved in this controversy were also disposed of by the judgment, but those are not of present concern.

Mary D.

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Cite This Page — Counsel Stack

Bluebook (online)
27 P.2d 290, 138 Kan. 520, 1933 Kan. LEXIS 232, Counsel Stack Legal Research, https://law.counselstack.com/opinion/corson-v-oakley-kan-1933.