In re Ayrault's Estate

30 N.Y.S. 654, 81 Hun 107, 88 N.Y. Sup. Ct. 107, 62 N.Y. St. Rep. 628
New York Supreme Court·Decided October 17, 1894·Published·Cited by 5 cases

Opinion

DWIGHT, P. J.

The petitioner prayed for an accounting by ihe trustee of Allen Ayrault of all such moneys as had come to his hands, belonging: to the estate of Mary Ayrault, under the provisions of the will of Allen Ayrault. Allen Ayrault died in 1861, leaving a large estate, and a will, by which he disposed of the same under various trusts. Mr. Bowditch, the respondent, was appointed trustee in 1868, and has acted as .such, under occasional directions of this court, procured on his application, until this time. Tk'e dispositions of the will resulted in a large residuary estate, into , which the subjects of several life estates fell from time to time, as those life estates expired, and the final distribution of the residuary estate did not become practicable before the year 1890. [655] Two-thirds of the residuary estate was given by the will to such of the children of the testator’s brothers and sisters as should be living at the time of his decease, and to the descendants of such of said children as should be deceased when said residuary estate, or any part thereof, should be distributed. Mary Ayrault, the-petitioner’s intestate, was one of the residuary legatees under the former of the two designations, and she was also the legatee of a life interest in a fund which should fall into the residuary estate at her decease. She died, unmarried and intestate, in August,. 1877, and 16 years later, in September, 1893, the petitioner took out letters of administration upon her estate. In February, 1890,. the trustee commenced an action in this court to procure a final I distribution of the residuary estate. In his complaint in that action there were alleged, among others, the facts above stated, specifying among the funds which had fallen into the residuary estate and been received by the trustee, and for which he was ready to account, that in which Mary Ayrault had held a life estate. It was alleged that she was the daughter of a brother of the testator; that she died at the date above mentioned, unmarried, intestate, leaving no descendants; and that no administration had been granted upon her estate. In his complaint the trustee also alleged that partial distributions of the residuary estate had already been made by him and his predecessor in the trust, from time to time, on the theory, as they had been advised, that the several interests in that estate did not vest until actual division was made, and that if a legatee had died before the time of any division the share he would have taken if living did not pass to his personal representatives, but to his descendants, if he left any, and if not then to the other residuary legatees. He also alleged that grave questions had arisen in regard to the proper construction of that clause-of the will (section 25) which provided for the disposition of the residuary estate, viz. whether such estate vested absolutely iu the residuary legatees at the death of the testator, or (as to each of the funds which fell into it) at the time it so fell in, or at the time of actual division; and in respect to these questions he asked for a construction of section 25 of the will, and for the directions of the court to enable him to distribute the estate remaining in his hands among those entitled to receive it. He prayed fora final accounting by himself as trustee, to be taken and finally settled by the court, and that he be finally discharged from duty and responsibility as such trustee. All the heirs at law and next of kin of Mary Ayrault, including the petitioner in his individual capacity, were made parties defendant to that action, and all appeared therein, and litigated the issues raised by the pleadings. The controversy terminated in the court of appeals, where it was held that the gift of the residuary estate vested in the designated legatees at the time of the testator’s death, and that distribution of the fund remaining in the hands of the trustee should be made upon that basis; but it was adjudged that all payments theretofore made by the several trustees of the residuary estate, upon their several accountings and settlements to the several legatees- [656] and distributees, should be confirmed as final and conclusive. 33 N. E. 1067. The matter was then sent to a referee to ascertain and report who were the persons entitled to share the residuary estate under the decision of the court of appeals, and the share of each. He reported the share of Mary Ayrault as the one thirty-fourth, and that it was payable to her administrator to be appointed, and judgment was entered on the report, directing distribution in accordance therewith. That, judgment was entered August 9, 1893. Letters of administration were granted to the petitioner herein September 4,¡ 1893. He filed his petition herein November 3. 1893. in which he prayed for an accounting de novo by the same trustee of all the moneys that have come into his hands, belonging to the estate of Mary Ayrault, under the will of Allen Ayrault, deceased. The judgment of the supreme court, above described, is still in force, unexecuted, no distribution having yet been made in accordance with its direction.

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In re Ayrault's Estate, 30 N.Y.S. 654, 81 Hun 107, 88 N.Y. Sup. Ct. 107, 62 N.Y. St. Rep. 628 (N.Y. Super. Ct. 1894).

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