Everitt v. Everitt

29 Barb. 112, 1859 N.Y. App. Div. LEXIS 124
CourtNew York Supreme Court
DecidedFebruary 14, 1859
StatusPublished
Cited by2 cases

This text of 29 Barb. 112 (Everitt v. Everitt) 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
Everitt v. Everitt, 29 Barb. 112, 1859 N.Y. App. Div. LEXIS 124 (N.Y. Super. Ct. 1859).

Opinion

By the Court, Brown, J.

In the case of Paterson v. Ellis, (11 Wend. 260,) to which we were referred hy the appellants’ counsel, upon the argument, there were two principal questions considered and determined by the court. 1st. Whether the legacy which was the subject of the controversy vested in Mrs. Paterson. 2d. Whether it was not divested by her death under age and without lawful issue. Upon the first question the court determined that although the legacy was not given in express words, it was given in substance, because, 1st. It was separated from the body of the testator’s estate; 2. It was to be invested at interest in the name of Mrs. Paterson ; 3d. Guardians of her estate were appointed by the will; 4th., The interest -was appropriated to her use, and was to be invested for her benefit; and 5t,h. The whole was to be paid to her when twenty-one years of age. Upon the second question, the court determined that the legacy was not divested by her death under age and without lawful issue; because the words of limitation imported an indefinite failure of issue and created an estate tail at the common law, apd as personal estate could not be entailed, the first taker was held to have the whole property. It will be seep, from ap examination of the report of the case, that a gift of the income for support and maintenance was only one of the circumstances from which the intention to vest the principal might be inferred. Paterson v. Ellis is distinguished from the present case by the circumstances that it relates to a single, legacy given to a single person and invested in her name.. It furnishes no expression of opinion upon the subject of a trust for the benefit of a class of persons, with limitations over to the survivor or survivors in the event of either dying before 21 and without issue. The case of Tucker v. Bishop, (16 N. Y. R. 402,) to which we were also referred, has less analogy to the present [115]*115case than that of Paterson v. Ellis. There the executors were directed to invest the proceeds of the property in safe and sufficient securities, “one half of which sum, principal and interest, shall he for the benefit of the children of Jane A. B. Tucker; and the other half, principal and interest, shall be for the benefit of the children of Augustin B. Ohilds. The executors were further directed to apply one half of the interest and income, annually, for the benefit of the children of Jane A. B. Tucker, and the other half to the children of Augustin B. Ohilds ’ and whenever either of the children of the said Jane shall come of age, my executors are to pay over to that child her or his proportion of the one half of the principal ; and whenever either of the children of Augustin B. Childs shall come of age, to pay to such child his proportion thereof, and so till the whole principal and interest is paid out and expended.” The court held this language to manifest a clear intention to make a present bequest of the residue of the estate; one half to the children of Tucker apd the other half to the children of Childs. That the bequest to each class was due presently, though payable in future; and that the time of the payment did not postpone the vesting of the legacy, because it was not of the substance of the gift. That the period of the distribution of each moiety was the time when the eldest child of each class became of age; and all children born intermediate that time and the time of the death of the testator were entitled to share in the fund. That “ the uncertainty of the quantity of the interest of the children in esse at the death of the testator, growing out of the possible diminution of their shares, by subsequent births, could not have the effect of suspending the power of alienation, Whatever interest the children in esse at the death of the testator had in the fund a.t any time prior to the majority of the child who first attained 21, whether diminished in quantity by augmentation of the numbers of the class, or "not, was susceptible of alienation by next friend or guardian acting under an order of the court.” Here also, although the fund was given to a class, there was [116]*116no limitation over to survivors, and no uncertainty in respect to the right of the children in being at the time of the death of the testator to take the estate, although the extent of their interests might be diminished by the births intermediate the death of the testator and the time when the eldest of each class attained the age of 21.

In the present case, the testator, in the first nine clauses of his will, gives directions in regard to the manner of the interment of his body, the payment of his debts and the disposition to be made of his business, in respect to the conversion of his estate into money, and investing the same at interest upon bond and mortgage. And after the expiration of one year from the time of his death, his executors are required to pay from the property certain legacies to his relatives and employees. By the 10th clause, he directs that the remainder of his estate, and the accumulations thereof, shall be held, used and managed by his executors for the benefit of such of his three younger children, Bosine Everitt, born June 7th, 1842, Margaret Ann Everitt, born January 18th, 1850, and Alice Everitt, born October 4th, 1851, as shall- be living at the time of his death. And if the said children should have attained the age of 21 years at the time of his decease, then his executors were to pay over the remainder of the funds, and all accumulations thereon, to his said three younger children or to the survivors of them, (if one of them shall then be dead,) in equal proportions, share and share alike; and if there should be but one survivor at the time of his decease, then the executors were to pay over to such survivor the whole of such funds and the accumulations thereon. The testator died on the 7th July, 1856, and by reference to the ages of the children it will be seen that the contingency referred to in this passage never happened, for the testator died before either of the children attained the age of 21. He then proceeded to direct, that “if I shall depart this life while any of the said younger children shall be under the age of 21 years, it is my will, and I do direct my said executors to hold, use and man[117]*117age the said residue and remainder of the said trust funds, as hereinbefore provided, until all of my said three younger children, or the survivor or survivors of them, shall become of age. And then it is my will, and I do direct my said executors to pay over such funds, and the accumulations, to them or to the survivors of them, in the same manner and in the same proportions as above provided, in the case of my not departing «this life until after the youngest one living at the time of my decease should become of age.” It is to be observed that the trust was of the entire residue and remainder of his estate, and not of the separate parts =of such residue and remainder, and that it was not separated and invested in the name of the cestuis que trust, as in the case of Paterson v. Ellis, but was invested in one mass in the name of the executors. Nor were the shares of each of the children to be paid to them as they respectively attained the age of 21 years, as in the case of Tucker v. Bishop; but the entire trust fund was to be retained in the hands and in the name of the trustees until all the children, or such as survived, attained the age of 21 years, and then it was to be distributed to the survivors.

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Bluebook (online)
29 Barb. 112, 1859 N.Y. App. Div. LEXIS 124, Counsel Stack Legal Research, https://law.counselstack.com/opinion/everitt-v-everitt-nysupct-1859.