Fiduciary Trust Co. v. State Street Bank & Trust Co.

277 N.E.2d 120, 360 Mass. 652, 1971 Mass. LEXIS 762
CourtMassachusetts Supreme Judicial Court
DecidedDecember 16, 1971
StatusPublished
Cited by3 cases

This text of 277 N.E.2d 120 (Fiduciary Trust Co. v. State Street Bank & Trust Co.) is published on Counsel Stack Legal Research, covering Massachusetts Supreme Judicial Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Fiduciary Trust Co. v. State Street Bank & Trust Co., 277 N.E.2d 120, 360 Mass. 652, 1971 Mass. LEXIS 762 (Mass. 1971).

Opinion

Cutter, J.

This petition in equity, brought in the Probate Court, seeks instructions concerning the trust under the will of Charles H. Joy (the testator). Upon the pleadings and a statement of agreed facts, the case was reported without decision for the determination of this court. G. L. c. 215, § 13.

Charles H. Joy died and his will was allowed in 1892. He was survived by his widow and by five children, Charles, John, Mrs. Edith Eield, Mrs. Ellen Gray, and Benjamin. Benjamin Joy, the last survivor of the testator’s children, died without leaving issue on September 10, 1968. Ellen Gray died on January 27, 1965. She was survived by her two daughters, Mrs. Marie Louise Godfrey and Mrs. Edith Gray Leonard, each of whom is still living and over the age of twenty-one. Charles Joy, John Joy, and Edith Field died without leaving issue in 1936, 1896, and 1954, respectively. The testator’s widow died in 1939.

By art. Seventh of the testator’s will, the testator left two-thirds of the residue to trustees upon trust (emphasis *654 supplied) to pay the net income “to my sons & to my daughters during their natural lives, the v)hole of said net income to be divided among my children equally, the children of deceased children to take by representation their parents share. With regard to the final distribution of said trust fund, it is my wish that the child or children of any child of mine upon the death of such child of mine, shall receive by representation their parents share of the net income of said trust property until they reach the age of twenty one years & as they severally attain the age of twenty one years, I direct my said Trustees to pay over and convey absolutely & free from any trust to them the same fraction of the principal of said trust property, as they severally received of the net income before attaining that age.” 1 Article Ninth is quoted in part in the margin (fn. 1). Its most important provisions are discussed later in this opinion.

In 1896, after the death, intestate and without leaving issue, of John Joy (the first child of the testator to die), the then trustees under the testator’s will filed a petition for instructions in the Middlesex Probate Court concerning the appropriate disposition of the one-fifth interest in the trust property of which John theretofore had been receiving *655 the income. The petition recited those facts, stated above, which had then occurred. An agreement (consistent with the decree later entered) was obtained, signed by (a) all persons then of full age interested in the trust, and (b) all persons who would take by intestacy from the testator (viz. Marie Louise Joy, the testator’s widow, Charles R. Joy, Edith Joy [later Field], and through the appointment of a guardian ad litem, Ellen Joy [later Gray], Benjamin Joy, and all persons then not in being or unascertained who might take an interest in the trust). The Attorney General filed a waiver. A decree thereupon was entered in the Probate Court on February 2, 1897, that the trustees “continue to hold the whole of the [trust] fund ... as they have done heretofore, and to . . . divide the whole income thereof, so long as the state of facts now existing continues, to and among the remaining children of the” testator. The decree stated that the probate judge had “examined . . . [the] Will, and especially the . . . seventh clause thereof,” and that he was “of opinion that it is not possible to regard any part of the fund held by the . . . trustees under the Will ... as having become by the death of John . . . Joy without issue, either a part of the estate of said John . . . Joy or property in respect to which . . . [the testator] died intestate.” We regard this recital, so far as it went, as a ruling of law pertinent to the issue then before the Probate Court for decision.

The present controversy arises because of claims of intestacy made by persons who would take by bequest or intestacy from the testator’s heirs at law if. we should hold that there was an intestacy as to any part of the trust corpus. The testator’s two surviving grandchildren (who with their issue are' his only living descendants) contend that under art. Seventh they are entitled to the trust corpus in equal shares.

1. It is our duty to determine the testator’s true intent and meaning from all the language (especially arts. Seventh and Ninth) used by him, in the light of all pertinent cir *656 cumstances. See Goodwin v. New England Trust Co. 321 Mass. 502, 504; New England Merchants Natl. Bank v. Frost, 357 Mass. 158, 163-165. See also Fiduciary Trust Co. v. First Natl. Bank, 344 Mass. 1, 12; Wheeler v. Kennard, 344 Mass. 466, 469-470; Wright v. Benttinen, 352 Mass. 495, 497. We are aided by the principle that an interpretation which would result in an intestacy is not to be adopted unless plainly required (Anderson v. Harris, 320 Mass. 101, 104-105) and wc recognize the limitations upon the principle (see Loring v. Clapp, 337 Mass. 53, 60) that permits implying words to cure testamentary defects. See New England Merchants Natl. Bank v. Mason, 350 Mass. 265, 269. See also National Shawmut Bank v. Zink, 347 Mass. 194, 195-196; Boston Safe Deposit & Trust Co. v. Schmitt, 349 Mass. 669, 672.

We look first (as in Old Colony Trust Co. v. Stephens, 346 Mass. 94, 97) at the testator’s general plan. By art. Seventh, he at the outset directed his trustees to pay the net trust income “to my sons & to my daughters, during their . . . lives, the whole of said net income to be divided among my children equally, the children of deceased children to take by representation their parents share” (emphasis supplied). Here “share,” we think, refers only to income and the direction is that income alone is to be distributed, at least while there are children of the testator still alive. Thus, the trust corpus will be kept together (to produce the “whole” net income) and remain in the hands of the trustees in any event until the death of the last survivor of the testator’s children.

On this interpretation, the “whole” net income to be distributed will go only (a) to those children of the testator remaining alive to take income when it is distributed, and (b) to then living children (and presumably more remote issue by representation) of a deceased child of the testator. This, of course, would leave no income available for the estate of any child of the testator who died without leaving surviving issue. Accordingly, we hold that such deceased *657 children of the testator with no surviving issue retained no share in income, and that the view on this issue taken by the Probate Court in 1897 was correct.

The next sentence of art. Seventh (although the testator’s intention could and should have been more fully expressed) purports to cover the “final distribution of . . .

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

Related

Loring v. Marshall
484 N.E.2d 1315 (Massachusetts Supreme Judicial Court, 1985)
Cape Cod Bank & Trust Co. v. Cape Cod Hospital
327 N.E.2d 902 (Massachusetts Appeals Court, 1975)

Cite This Page — Counsel Stack

Bluebook (online)
277 N.E.2d 120, 360 Mass. 652, 1971 Mass. LEXIS 762, Counsel Stack Legal Research, https://law.counselstack.com/opinion/fiduciary-trust-co-v-state-street-bank-trust-co-mass-1971.