First American National Bank v. Cole

364 S.W.2d 875, 211 Tenn. 213, 15 McCanless 213, 1963 Tenn. LEXIS 343
CourtTennessee Supreme Court
DecidedFebruary 7, 1963
StatusPublished
Cited by15 cases

This text of 364 S.W.2d 875 (First American National Bank v. Cole) is published on Counsel Stack Legal Research, covering Tennessee Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
First American National Bank v. Cole, 364 S.W.2d 875, 211 Tenn. 213, 15 McCanless 213, 1963 Tenn. LEXIS 343 (Tenn. 1963).

Opinion

Me. Justice Felts

delivered the opinion of the Court.

This suit involves the construction of the will of Mrs. Frances Carter, deceased, with respect to the duration or existence of a trust provided by the will for the benefit of her husband, James DeWitt Carter; her two daughters, Mrs. Frances Carter Steele, and Miss Jane Carter; and any other child that might be born to her, and the descendants of any deceased child of hers.

The suit originated by bill by the Bank as executor to .sell certain land of the estate to pay death taxes, etc., which matters are not is dispute. The controversy arose upon the cross-bill filed’ by Mrs. Frances Carter Steele against the other daughter, now Mrs. Jane. Carter Lackey, and the Bank, named as testamentary trustee, seeking a *216 construction of the will and a decree that no trust now exists and the estate should be paid over to these two daughters, they being the only beneficiaries.

Cross-defendants, Mrs. Lackey, and the Bank, as trustee, filed demurrers to the cross-bill. The Chancellor sustained the demurrers and dismissed Mrs. Steele’s cross-bill. She appealed, and insists that, upon a proper construction of the will, no trust thereunder now exists, because Mrs. Steele and Mrs. Lackey, the only beneficiaries, have both attained the age of 30 years, the time fixed for payment of the estate to them; and that the same should now be paid them, free of any trust.

The facts averred by the cross-bill, and admitted by the demurrers, are that Mrs. Frances Carter, a resident of Davidson County, Tennessee, made the will November 10, 1949. After providing for payment of her debts, including inheritance taxes, and after making gifts of her household effects, none of which is here involved, she devised the residuum of her estate to the Bank, as trustee, to be held, managed, and paid over by it to the beneficiaries as set out in the trust.

These beneficiaries were her husband, James DeWitt Carter, her two daughters, Mrs. Steele and Miss Jane Carter (now Mrs. Lackey); and “any other child or children” that might be born to her, and the “descendants” of any child of hers that might be deceased at the time of her death. The trustee was directed to divide the trust estate into two parts, Trust “A” for her husband, and Trust “B” for the other beneficiaries.

It was further provided that if her husband did not survive her. the two trusts should be consolidated and *217 administered as one trust for the other beneficiaries. Her husband did not survive her. He died in January 1957, and she died March 20, 1960. Nor was there any other child born to her; nor is there now any descendant of any deceased child of hers.

So her two daughters, Mrs. Steele and Mrs. Lackey, are the only beneficiaries, and her sole heirs at law and next of kin. At the time of her death, Mrs. Steele was 39 years of age and Mrs. Lackey was 35 years of age.

Mrs. Steele contends that the intention of the testatrix was that each child’s share should be held until she reached the age of 25, when one-half of it should be paid to her, and the other half paid when she reached the age of 30; and that since both beneficiaries are more than 30 years of age, no trust exists, and the share of each should be paid to her, free of any trust. She bases this mainly upon Item VI, section 1 (d) and (e) of the will, which we quote:

“(d) Provided, however, that if my said husband fails to exercise the power of appointment hereby expressly given him with reference to Trust A, then the Trustee shall upon the death of my said husband, consolidate Trust A with Trust B and divide the trust estate into as many equal shares as there shall be children of mine then living, or deceased children of mine leaving a descendant or descendants then living, a child’s share to be set apart for the descendants of any such deceased child of mine, and shall hold and distribute these shares as follows: Each child’s share shall be held until such child attains the age of twenty-five (25) years at which time such child shall be paid *218 one-half (%) of his distributive share of the trust estate.
. “When such child attains the age of thirty (30) years, but in no event sooner than five (5) years after payment of the first installment, such child shall be paid all of the remainder of his distributive share of the trust estate. In the meantime, the Trustee may continue to use the income or part or all of the principal, in the discretion of the Trustee, for the maintenance, education and support of such child.
“(e) In the event of the death of any of my said children before such child has been paid all of his distributive share, then the share of the trust estate being held under the provisions aforesaid for such child or children so dying, shall vest immediately in and be distributed to and among the husband or wife of and children of such child then living, share and share alike. Provided further, that during the period a child of any such deceased child of mine is under the age of twenty-one (21) years, the Trustee shall retain possession of such child’s share and use so much of the principal or income therefrom as in the opinion of the Trustee is necessary, and in such manner as it thinks best, for the maintenance, comfort and education of such child.

The cardinal rule in the construction of all wills is that the court shall seek to discover the intention of the testator, and will give effect to it unless it contravenes some rule of law or public policy. That intention is to be ascertained “from the particular words used, from the context, and from the general scope and purpose of the *219 instrument.” Hoggatt v. Clopton, 142 Tenn. 184, 192, 193, 217 S.W. 657, 659.

Every word or clanse of the will will be given effect, if possible; and no part of it will be rejected where it can be reconciled with other parts of the will and given reasonable effect. McClure v. Keeling, 163 Tenn. 251, 43 S.W.2d 383; American National Bank & Trust Co. v. Mander, 36 Tenn. App. 220, 226, 227, 253 S.W.2d 994.

"When a controlling or predominate purpose of the testator is expressed, it is the duty of the court to effectuate that purpose, and to construe all subsidiary clauses so as to bring them into subordination to such purpose. The language of a single sentence is not to control as against the evident purpose and intent shown by the whole will. East v. Burns, 104 Tenn. 169, 181, 56 S.W. 830; Owen v. Owen, 8 Tenn. App, 246, 250, and cases there cited.

Looking to the will as a whole, in the light of the above rules, and particularly to the parts of the will above quoted, it appears that the testatrix contemplated and intended to provide for these contingencies:

(1) To provide Trust “A” for the “maintenance, comfort and support” of her husband, in the event he survived her.

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Bluebook (online)
364 S.W.2d 875, 211 Tenn. 213, 15 McCanless 213, 1963 Tenn. LEXIS 343, Counsel Stack Legal Research, https://law.counselstack.com/opinion/first-american-national-bank-v-cole-tenn-1963.