Fried v. Burk

97 A. 909, 128 Md. 548, 1916 Md. LEXIS 99
CourtCourt of Appeals of Maryland
DecidedMay 17, 1916
StatusPublished
Cited by8 cases

This text of 97 A. 909 (Fried v. Burk) is published on Counsel Stack Legal Research, covering Court of Appeals of Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Fried v. Burk, 97 A. 909, 128 Md. 548, 1916 Md. LEXIS 99 (Md. 1916).

Opinion

Briscoe, J.,

delivered the opinion of the Court.

This appeal is from a decree of the Circuit Court No. 2 of Baltimore City overruling a demurrer to a bill in equity filed by the plaintiff on the 1st day of September, 1915, with leave to the defendants to answer within fifteen days from the date of the decree.

The prayer of the bill is, first, that a release dated December 18th, 1913, be set aside and declared null and void; second, that the defendants by decree be required to' repay to the plaintiff the sum of twenty thousand dollars; third, that the defendants answer under oath; and, fourth, for general relief.

The plaintiff is the wife and niece of Charles Burle, deceased, and the bill is filed by her individually and as executrix under his will.

By the testator’s will, after certain charitable bequests, he disposed of his property as follows:

“Sixth—To my wife, Selma Burk, I give, devise and bequeath the lot of ground and improvements thereon known as No. 1800 Linden avenue, in which I reside, together with all the contents thereof belonging to me at the time of my death.
“Seventh—I give and bequeath to my wife, Selma Burk, the sum of fifty thousand dollars ($50,000.00).
“.Eighth—All the rest and residue of my estate and property, real, personal and mixed, wheresoever situate, I give, devise and bequeath unto my wife, Selma Burk, in trust, to hold and manage the said property for a period not exceeding five years, the purpose of *550 this trust being to enable my said trustee to gradually withdraw from the firm of Burk, Fried and Company such part of my estate as may be invested therein as capital without embarrassing or hindering the operations of the business of the said firm, and furthermore to sell and reduce to cash such real and leasehold property as may form part of my estate, without forcing the same upon the market. At the end of the said period of five years, or sooner if my said trustee shall have sooner withdrawn my share of the capital from the firm of Burk, Fried and Company, and disposed of the said real and leasehold property as aforesaid, I direct my said trustee to terminate the trust by disposing of the said rest and residue of my estate, together with any accumulated income or increment thereof, free and discharged of the trust as follows:
“(a) To Mary Berliner, sister of my deceased wife, I give and bequeath the sum of two thousand dollars ($2,000.00), if she be living at the time when my said trustee shall terminate the said trust and distribute the said estate. If the said Mary Berliner be already deceased at that time, then I direct that the said sum be paid to her husband, Emanuel Berliner, if he be living at that time. If the said Mary Berliner and the said Emanuel Berliner be both deceased at that time, then I direct that the said sum shall be paid to Samuel Berliner and Sadie Winternitz, wife of Charles Winternitz, they being the children of the above named Mary Berliner and Emanuel Berliner.
“(b) To the said Samuel Berliner and to the said Sadie Winternitz I give and bequeath to each of them the sum of two thousand dollars ($2,000.00).
' “(c) All the rest and residue of my estate, whether the same or any part thereof shall have been changed by investment or not, I give, devise and bequeath, free and discharged of the trust, to the following named of my nieces and nephews: Julius B. and Ralph Fensterwald and to Jesse, Ralph, Charles and *551 Julian Rothschild and Gertrude Fensterwald, share and share alike. If any of my said nieces or nephews be deceased at the time when my said trustee shall terminate the said trust and distribute my said estate, then the share or respective shares of my said nieces or nephews so deceased are to go to the issue then living of the said niece or nephew; or if said niece or nephew be then deceased, leaving no issue, then said share is to be divided among the remaining nieces or nephews above named in this paragraph of my will and the issue of such deceased nieces or nephews, per stirpes, share and share alike.”

The will consists of five typewritten pages, but as the remaining paragraphs or sections thereof are not material to the case they need not be further set out.

The defendants to the bill are: (1) Gertrude Fried, a niece of the decedent; (2) Jacob Fried, the husband of Gertrude; (3) Ida Fensterwald, a niece of the decedent; (4) Wm. B. Bamberger, the attorney for the plaintiffs in the transaction; (5) Samuel Want, attorney for claimants; and (6) Jacob Fried, Joseph Fensterwald and Julius B. Fensterwald, co-partners, trading as Burk, Fried & Company.

The release which is assailed and sought to be set aside and vacated is dated the 18th day of December, 1913, and executed by Gertrude Fried and Ida Fensterwald. It recites as follows:

“Whereas, we, the undersigned, have made certain claims against Mrs. Selina Burk and against the heirs-at-law of the late Charles Burk, as well as against the estate of the late Charles Burk; and
“Whereas, all of the said claims have been adjusted and satisfied; and
“Whereas, the consideration of the said adjustment is the payment to each of us of the sum of nine thousand dollars ($9,000.00), and to our counsel, Samuel Want, a fee for each of us in the amount of one thousand dollars ($1,000.00), the aggregate *552 amount being, therefore, twenty thousand dollars ($20,000.00).
“Row, therefore, witnesseth that in consideration of the premises and of the payment of the aforesaid sums, receipt whereof is hereby acknowledged, we hereby release and forever acquit Selma Burk, Julius B. Fensterwald, Ralph Fensterwald, Gertrude Fensterwald, Jesse Rothschild, Ralph Rothschild, Charles Rothschild, Julian Rothschild and Hanna Rothschild, and all other persons who may be interested in the estate of the late Charles Burk, and we do further release and forever acquit the said estate and all persons who may now or may hereafter administer the same as executors, administrators or otherwise from all liability of every character and description arising out of the distribution of the said estate, the purpose of this instrument being to completely release any interest or claims that we might have had, might have or may hereafter acquire, or claim in or against the estate of the late Charles Burk, or any claims that we may have against any of the persons above named, as heirs or legatees or any other persons who might be heirs-at-law of the late Charles Burk, or who might otherwise be interested in his estate, whether as legatees or otherwise. We do hereby further stipulate that in the event of this instrument being found inadequate in any particular to carry out the above expressed purpose we. will, at our own expense, and without making any charge therefor, execute such further assurances as may be requisite.
“Witness our hands and seals this 18th day of December, nineteen hundred and thirteen.
“Gertrude Fried. (Seal)

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Bluebook (online)
97 A. 909, 128 Md. 548, 1916 Md. LEXIS 99, Counsel Stack Legal Research, https://law.counselstack.com/opinion/fried-v-burk-md-1916.