Dwyer v. St. Louis Union Trust Co.

228 S.W. 1068, 286 Mo. 481, 1921 Mo. LEXIS 119
CourtSupreme Court of Missouri
DecidedMarch 5, 1921
StatusPublished
Cited by13 cases

This text of 228 S.W. 1068 (Dwyer v. St. Louis Union Trust Co.) is published on Counsel Stack Legal Research, covering Supreme Court of Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Dwyer v. St. Louis Union Trust Co., 228 S.W. 1068, 286 Mo. 481, 1921 Mo. LEXIS 119 (Mo. 1921).

Opinion

GRAVES, J.

Statement. By his will, Peter Conrad, created a trust in favor of his daughter, Cornelia M. Worrall. Conrad had but two children, a son and a daughter. At least Ibis seems to be the fact from the face ^ ma(je- One-half of his property he devised to his son, and the other half was placed in trust to thet daughter, Mrs. Worrall. That portion of the will, here involved, reads:

“The other one part so partitioned and divided and one-half of all other property, goods and moneys, I do give and bequeath to the St. Louis Trust Company of St. Louis, Mo., In Trust, However, For The Under-Mentioned Purpose, to-wit:
*485 “To pay over all income, earnings and profits arising from snefi one-lialf of my property so bequeathed to my daughter Cornelia, For The Maintenance And Su-P-port Of Herself And Her Family; and after her death the said property, and the undisposed of earnings and increase thereof to be divided equally, share and share alike, among the children of my said daughter Cornelia, Living At The Time Of Her Death if the youngest of her said children has reached the age of 21 years, but if the youngest of said children has not reached that age, then this trust shall continue In Favor Of And For The Support Maintenance And Education Or Advancement In Life Until The Youngest Of Said Children Becomes Of That Age, Then To Be Divided Equally Between Those Living At That Date, male and female, share and share alike.”

Conrad died in 1900, and the St. Louis Trust Co. began the administration of the trust. In 1902 the St. Louis Trust Company changed its name to the St. Louis Union Trust Company, and by that name the trustee has continued its duties to this date., The present suit is one to determine that trust,- and the plaintiffs are Mrs. Worrall, and her five children, and the defendant, the present trustee of the estate. Mrs. Worrall had but five children, and they are all adults, and living and to them she had conveyed (or attempted to convey) all her interest in the trust property. These conveyances are in this record. The trust property consists of some land in Ste. Genevieve County, Missouri, some land in Mc-Cracken County, Kentucky, and some $8,500 in personal securities and cash, in the hands of defendant, as trustee.

In behalf of plaintiff it was shown that Mrs. Worrall was 56 years old, and had long since reached and passed that period in a woman’s -life, commonly called the “change of life.” By a physician it was shown that she could bear no more children, for this and other physical reasons. No evidence was introduced by defendant, and upon those facts, the court entered a judgment or de *486 cree in favor of defendant, from which plaintiffs prose-. cnted this appeal. The case is largely one of law, although it might be added that there is no evidence, showing the procreative organs of Mrs. Worrall to be diseased, or injured, save and except by the flux of time on the life of a woman as above detailed.

Possibility of Issue Extinct. I. In this case there is urged the interesting question, as to whether or not, from a legal standpoint, Mrs. Worrall has passed the child bearing age, and much legal lore has been called to our attention. With this question we shall not deal, because, in our judgment, the case is, and can be, fully determined upon questions which precede this in the orderly disposition of vital questions. In Blackstone’s Commentaries, it has been said: “A possibility of issue is always supposed to exist in law, unless extinguished by the death of the parties, even though the donees be, each of them, a hundred years old.” [2 Blackstone’s Commentaries, 125.] The later court views upon • this question we shall not review. Other matters settle the case, and a review of this question would be a'waste of energy.

Active Trust: Termination Decree of Court. II. The status of Mrs. Worrall’s children under the will of Conrad is one of the material questions. A reading of the will shows that the legal title to the property passed to the St. Louis Trust Company, now the St. Louis Union Trust Company. This title was impressed with a trust “to pay over all income, earnings and profits to my daughter Cornelia, for the maintenance and support of herself and family.” When this trust was fully executed, by the death of Mrs. Worrall, and the other provisions therein expressed, the 'corpus of the estate was to go to the children of Mrs. Wor-rall, (living at the time of her death) or when the youngest reached the age of 21 years. The'qualifying terms “living at the time of her death” makes the children *487 of Mrs. Worrall merely Contingent remaindermen under the mil of the grandfather. Their estate was dependent upon the contingency of tlieir survival of the mother. They were, under the rulings of this court contingent remaindermen, and no more. [DeLassus v. Gatewood, 71 Mo. 371; Dickerson v. Dickerson, 211 Mo. 483.]

It has been said that remainders are the outgrowth of wills or contracts, and reversioners come from the operations of law. In this case the interest given to the children of Mrs. Worrall might never materialize. Whilst they are all living now, all might predecease the mother, and then there would be reversioners by operation of law. In other words the beneficial interest in the trust property would go to the lawful heirs of Peter Conrad, and the trustee of this trust would have to account to these reversioners for the corpus of this estate. This is important in view of the fact, that, in equity, attempt is being made to terminate this active trust, in the interest of parties who might never have the slightest interest in the trust estate. Their present interest is purely contingent, and the contingency may not happen: i. e. they may not be living at the death of Mrs. Worrall.

By the brief we are cited to 39 Cyc. p. 99, where the following general rule is thus stated:

“By virtue of its supervisory jurisdiction over trusts and trustees, a court of equity has power, in a proper case, to terminate an express trust, in whole or in part, even before the expiration’ of the term for which it was created, although, in such case, exceptional circumstances must exist. The court will exercise this power and decree a termination when all the objects and purposes of the trust have been accomplished, the cestuis que trustent are all sui juris, and application is made by all of them. On the other band, the court will not decree a termination when some of the cestuis que trustent do not consent, or where the trust is still an active, con- *488 tinning one, with some of its purposes unaccomplished and not shown to be.impossible of accomplishment.”

We have no fault to find with this general rule. There are cases in which courts have terminated trusts in advance of the time fixed in the trust instrument.

Free access — add to your briefcase to read the full text and ask questions with AI

Related

State Ex Rel. Cooper v. Cloyd
461 S.W.2d 833 (Supreme Court of Missouri, 1971)
Mercantile Trust Company v. Hammerstein
380 S.W.2d 287 (Supreme Court of Missouri, 1964)
Hughes v. Neely
332 S.W.2d 1 (Supreme Court of Missouri, 1960)
Coley v. Lowen
211 S.W.2d 18 (Supreme Court of Missouri, 1948)
Central Surety & Insurance v. Hinton
130 S.W.2d 235 (Missouri Court of Appeals, 1939)
Bates v. Bates
124 S.W.2d 1117 (Supreme Court of Missouri, 1939)
Humphreys v. Welling
111 S.W.2d 123 (Supreme Court of Missouri, 1937)
Evans v. Rankin
44 S.W.2d 644 (Supreme Court of Missouri, 1931)
Shaller v. Mississippi Valley Trust Co.
3 S.W.2d 726 (Supreme Court of Missouri, 1928)
Grenzebach v. Franke
286 S.W. 79 (Supreme Court of Missouri, 1926)
Pollack v. Pollack
251 S.W. 715 (Missouri Court of Appeals, 1923)

Cite This Page — Counsel Stack

Bluebook (online)
228 S.W. 1068, 286 Mo. 481, 1921 Mo. LEXIS 119, Counsel Stack Legal Research, https://law.counselstack.com/opinion/dwyer-v-st-louis-union-trust-co-mo-1921.