Doherty v. Grady

72 A. 869, 105 Me. 36, 1908 Me. LEXIS 28
CourtSupreme Judicial Court of Maine
DecidedDecember 24, 1908
StatusPublished
Cited by9 cases

This text of 72 A. 869 (Doherty v. Grady) is published on Counsel Stack Legal Research, covering Supreme Judicial Court of Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Doherty v. Grady, 72 A. 869, 105 Me. 36, 1908 Me. LEXIS 28 (Me. 1908).

Opinion

Spear, J.

This is a bill in equity for the construction of certain paragraphs in the will of William 0. Grady of Eastport, namely : 7th. I hereby direct and authorize my executors or their successors to form a trust fund of the amount or amounts received from the sale of the said real estate, together with all the rest, residue and remainder of my personal estate after the above mentioned bequests shall have been made and deposit the same with the Morton Trust Company of New York City.

8th. I bequeath to my wife, Mary R. Grady, and hereby direct and authorize my executors to pay to her during her lifetime the interest on the sum of forty thousand dollars, and no more.

9th. The interest on the balance of the fund I give and bequeath to my legal heirs, in equal shares, payable annually.

10th. It is my will and request and I hereby authorize my executors and trustees, after the death of my wife, Mary R. Grady, to distribute the balance of the fund then in the hands and possession of the said Morton Trust Company, in equal shares to my legal heirs.

[41]*4111th. Should my wife, Mary R. Grady, die within twenty years from the date of my decease the fund is to remain on deposit with the said Morton Trust Company until after the expiration of that time when it is to be disposed of as provided in clause ten the interest to be divided amongst my legal heirs.”

The case shows that executors of the will were duly appointed and qualified and that Mary R. Grady, widow, elected to take the pecuniary and other provisions made for her by the will in lieu of her distributive share in the estate and of her dower in the lands of her late husband.

The executors declare that they are in doubt with respect to the proper interpretation of the above clauses of the will and desire to submit certain questions to the judgment of the court relating thereto:

1st. Whether thé interest on $40,000 given by the 8th clause of the said will to the said widow, Mary R. Grady by the said William O. Grady commences from the date of the death of the said William 0. Grady or from the time of forming the trust fund with the Morton Trust Company of New York. ■

2nd. If the interest commences from the date of the death of , the testator should the same be computed according to the rate of interest allowed by said Morton Trust Company or based upon the income which the estate has earned since the death of the testator until the trust fund was actually formed.

3rd. Whether in the final distribution of the estate according to clause ten in said will, the balance of the fund is to be divided into four equal parts, one fourth to John C. Grady, brother, one fourth to Eliza Grady, sister, one fourth to the four children of James B. Grady, deceased and one fourth to George O. Grady, only heir of George O. Grady deceased, or does the clause "in equal shares to my legal heirs” mean that the children of the deceased brothers are to share equally with the brother and sister now living.

The defendant, Mary R. Grady, also propounds the following questions : 1st. When is the interest payable that was bequeathed to the testator’s widow, Mary R. Grady, by the 8th clause of the [42]*42will ? If periodically, at what periods is it payable and how is the amount of each installment to be determined?

2nd. If there has been any default in payment of any such installment, does it bear interest and if so, from what date and at what rate ?

The brother, sister and George O. Grady, nephew, likewise ask:

Should the contingency occur that is provided for by the 11th item of the will, what disposition is to be made of the interest on the trust funds from the time of the happening of said contingency to the termination of the twenty year term mentioned in said item.

The other questions appear to be duplicates of those referred to.

In answer to the first question it is the opinion of the court from the clear and unambiguous phraseology, that the testator intended by clause eight of the will to make a specific bequest to his widow of the income on the sum of $40,000, which became vested immediately upon his death, Prescott v. Morse, 62 Maine, 447, but not payable until the expiration of a year from that date, Hamilton v. McQuillan et al., 82 Maine, 204.

In answer to the second question, the court is of the opinion that it was the intention of the testator that his widow should receive from the date of his death until the trust fund was actually established a rate of interest upon $40,000 equivalent to that allowed by the Morton Trust Company of New York City.

In this connection may be considered the first question put by Mary R. Grady in her answer in which she asks "if the interest is payable periodically, at what periods it is payable and how is the amount of each installment to be determined.” In answer to this question the court is of the opinion that the testator intended that the beneficiary should receive her interest in accordance with' the rule observed by the Morton Trust Company in the payment of interest upon trust funds of this character, that is, whenever the Morton Trust Company declared a dividend of interest upon this trust fund, the plaintiff would be entitled to receive it when so declared whether quarterly, semi-annually or annually.

Her second question also logically arises in this connection. It is the opinion of the court in answer to this question that in default [43]*43of the payment of any installment of interest, the beneficiary will be entitled to simple interest on the amount of such default from the time it becomes due and payable until it is paid; Hamilton v. McQuillan et al., supra. To avoid possible confusion it is proper to reiterate that the legatee’s income would bear no interest for a year after the death of the testator as already suggested.

In answer to the third question of the executors, the court is of the opinion that, according to clause ten, the balance of the fund is to be divided per capita among the legal heirs of the testator. That is, the children of deceased brothers living at the time of the death of the testator, are to share equally with the brother and sister.

In considering a will, the-general rule is that the intent of the testator is to govern but it is the intention expressed by the will and not otherwise. Cotton v. Smithwick, 66 Maine, 367. It is also a familiar rule of construction that the words of a will must receive their usual, ordinary and popular signification, technical words excepted, unless there is something in the context or subject matter to indicate that the testator intended a different use of the terms employed. Andrews v. Schoppe, 84 Maine, 170; Jacobs et al. v. Prescott et al., 102 Maine, 63. These rules of construction are ' stated in various ways' and have become so well settled as to now be considered elementary formulas for the construction of wills. ■ As said in Hall v. Hall, 27 N. H. 275, "the words used by the testator are the means we are to use to ascertain his intention.”

Under these rules it becomes necessary to determine what the testator intended by the use of the language "to my legal heirs, in equal shares,” which he employed to give expression to his will.

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Cite This Page — Counsel Stack

Bluebook (online)
72 A. 869, 105 Me. 36, 1908 Me. LEXIS 28, Counsel Stack Legal Research, https://law.counselstack.com/opinion/doherty-v-grady-me-1908.