In re Estate of Foster

4 Coffey 33
CourtSuperior Court of California, County of San Francisco
DecidedMarch 9, 1909
DocketNo. 28,858
StatusPublished

This text of 4 Coffey 33 (In re Estate of Foster) is published on Counsel Stack Legal Research, covering Superior Court of California, County of San Francisco primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In re Estate of Foster, 4 Coffey 33 (Cal. Super. Ct. 1909).

Opinion

COFFEY, J.

On January 15, 1904, Mary A. Poster filed a petition in which she recited that Samuel Poster died in San Francisco, of which place he was a resident, on the fifteenth day of June, 1903, leaving therein real and personal estate; that he left him surviving herself, his widow, over fifty-five years of age, and a son, Lyman D. Poster, aged thirty-one years; he also left a will which is hereunder transcribed, which was duly admitted to probate on July 9, 1903, and letters testamentary thereupon issued the same day to Lyman D. Poster, executor named therein. On December 21, 1903, an inventory and appraisement was returned and filed, in which was set down the property herein sought to be set aside, 1760 Washington street. This property, consisting of a lot and dwelling-house thereon, was purchased on or about February 5, 1890, and was then subject to a mortgage which was satisfied in 1892, leaving the premises now unencumbered, and of an appraised and admitted present value of $10,000; the remainder of the estate being estimated at about $150,000, net. The property is suitable for a homestead, and from the time of its purchase was used as the residence of decedent and his family, although there never was any declaration of homestead filed thereon by either spouse. Decedent and the. applicant intermarried September 9, 1882, over twenty years prior to his decease. At the time of his death he was about sixty-one years of age, and about forty at the date of his second marriage. It would appear that she was then a widow, having a son, to whom he alludes in the will, and he also a son, the executor and opponent here. The applicant claims that the premises should be set aside to her in fee as a homestead, as a part of the community property, having been acquired during coverture, and the executor opposes her application on the ground that having been purchased with funds derived from his separate estate-the widow is not entitled to more than a homestead for a limited period, under section [35]*351468 of the Code of Civil Procedure. So it would seem that the only question involved in this controversy is a simple one: Is the property described in the application community or separate? In the inventory returned by the. executor, the appraisers have subscribed to the statement therein, emanating presumably from the executor, that, among other items enumerated, item 3, the Washington street parcel, is “the separate property of decedent, being property owned by him prior to September 9, 1882, with'the rents, issues and profits thereof as invested to June 15, 1903,” the date of his death. One of these appraisers and, judging from the intrinsic evidence and the circumstances of the appraisement, the main factor in making it up, if not the only efficient one, was Morris Marcus, who had been with the house of S. Foster & Co. since 1881, and is at present interested in the business and associated therein with opponent. Mr. Marcus is an important witness, from the fact of special familiarity with the affairs of the concern for a period antedating the marriage of decedent to the present, say about twenty-four years. As a bookkeeper and accountant he has had thirty years’ training, being now forty-five years of age; so that his competency in this respect is abundantly established, if it were otherwise open to question. Another adept accountant called for opponent is Nathan A. Dodge, but he is simply an expert, while Marcus is not only that, but much more, since he is practically acquainted with the premises. There is no challenge to the correctness of the books kept by Samuel Foster, himself an accurate man of affairs, who saw that his accounts were adjusted in a business-like manner. The dependence of the opponent is upon the completeness and accuracy of these books and accounts, as he contends that the payments for the Washington street property were made out of funds owned by Samuel Foster at the date of his marriage with Mary A. Foster, or out of the rents, issues and profits thereof, and is, therefore, separate estate; and that this is clearly traceable through his books of account which show the history and .origin and character of every species of his property and the nature of its mutations. It is claimed that each of the payments came direct from the rents, issues and profits of property owned by Samuel Foster before his marriage, and that [36]*36this is mathematically certain from an examination of his books. At the date of his marriage, September 9, 1882, he owned an interest in the steamer “Belvedere”; real estate in Oakland; an interest in his father’s estate in Massachusetts; a paid-up life insurance policy; and the entire grocery business of S. Foster & Co. In his will decedent makes this statement: “I hereby declare the amount of my separate property to be thirty-six thousand dollars.” The will is dated April 25, 1902, and the codicils April 20, 1903, and June 6, 1903, respectively. Whether this declaration meant his worth at the date of his marriage, or at the dates of the will and codicil, it is evident that at the former time his wealth might be estimated at between thirty and thirty-six thousand, Marcus placing the value of the aggregate of the items at $33,576.98 and Dodge at $30,842.39. The main item was the grocery business, which was worth about $21,000, of which he was the sole owner, and which he conducted alone until January 1, 1888, when it was incorporated at $50,000, he taking $40,000 of the capital stock, and associating with him A. J. Foster, Morris Marcus and Fred H. ITersey, to whom he loaned part of the price of their shares; the first named took $5,000, or fifty shares, and the two others $2,500, or twenty-five shares each; he became president and was allowed a salary at the rate of $3,600 a year, which was paid for four years, 1888, 1889, 1890 and 1891. It may here be remarked that at the time of their marriage, Mary A. Foster had about $4,000 in her own right, which she loaned to her husband, and which he repaid in 1895, meantime paying interest thereon. As to his method of doing business, he gave assiduous attention to all his affairs, bestowing great energy upon their management, and devoting all of his talents to their development. He was a large and constant borrower from relatives and other persons, and this practice continued after as before the incorporation. These loans were invested in the business, and aided in its enlargement, for it grew fourfold; but all his other investments were fruitless or losing ventures, during the period under consideration. Up to the time of the incorporation the profits all went to Samuel Foster ; after that event he received only his proportion, although virtually, it may be said, he was the whole business all the [37]*37while. He used the corporation, S. Foster & Co., as his bankers and kept therewith an open, current account. Moneys, as he received them, were paid to the corporation, he receiving credit for the same, and then the concern would deposit the amount with Tallant and Company’s bank; he kept no private bank account. The account of Samuel Foster with the corporation of S. Foster & Co. is a contemporaneous record, kept by and assented to by th"e parties themselves, and, opponent contends, it is binding upon all their representatives, including the widow of decedent and his son, the executor. It is a piece of evidence of the highest character; and in it, opponent insists, the history of the payments, on account of this piece of property, is unmistakably shown. It affords clear and convincing evidence proving the property described to be the separate estate of decedent, and it rebuts the presumption that because it was 'purchased during coverture it belongs to the community.

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Bluebook (online)
4 Coffey 33, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-estate-of-foster-calsuppctsf-1909.