In Re Sterling's Estate

92 N.W.2d 138, 249 Iowa 1260, 1958 Iowa Sup. LEXIS 363
CourtSupreme Court of Iowa
DecidedSeptember 16, 1958
Docket49410
StatusPublished
Cited by5 cases

This text of 92 N.W.2d 138 (In Re Sterling's Estate) is published on Counsel Stack Legal Research, covering Supreme Court of Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In Re Sterling's Estate, 92 N.W.2d 138, 249 Iowa 1260, 1958 Iowa Sup. LEXIS 363 (iowa 1958).

Opinion

WbNNErstrum, J.

This appeal has developed by reason of an order approving the final report of Leslie D. Sterling, administrator of the estate of Margaret Sterling, deceased, over the objections of Everett A. Sterling, a brother, and also the entry of a decree quieting title in Leslie D. Sterling to the land here involved. The two actions were consolidated for trial by agreement and were tried in equity. By reason of the order and decree entered the parties adversely affected have appealed.

Emery Sterling, the husband of Margaret Sterling, died intestate on February 17, 1940. He owned a 200-acre farm in Wapello County on which, at the time of his death, there was a mortgage indebtedness of approximately $9393.39. He also owned farm equipment and other personal property. He left his widow, Margaret Sterling, and two adult sons, Everett A. Sterling, one of the appellants, and the appellee, Leslie Sterling.

On January 31, 1941, almost a year after the death of Emery Sterling, J. A. Breon was appointed administrator of his estate and on February 14, 1941, a partition action relative to the farm was commenced. It was later dismissed. The inventory and inheritance tax report filed in the estate disclosed the 200-acre farm had an estimated value of $18,000 and the personal property was valued at $4609.71. In addition to the mort *1262 gage indebtedness previously mentioned it was shown by the inventory there was an estimated indebtedness of $1000. In connection with the claims of Everett A. Sterling and his wife, to which reference will be hereinafter made, there was testimony of witnesses the real estate was worth $110 per acre or $22,000 at the time of the father’s death and the personal property at that time had an approximate value of $6000.

It is the claim of Everett and his wife that J. A. Breon, acting as administrator and also in an individual capacity, instigated negotiations in the interest of Leslie Sterling and sought to have Everett Sterling and his wife dispose of their interest in the father’s estate to the brother. Breon had a conference with Everett in Ottumwa sometime between February 5 and February 10, 1941, at which time matters in connection with the father’s estate were discussed. It appears Everett Sterling was indebted to a bank in Hedrick, which fact was known by Breon. At the time of the original conversation and in later conversations between Breon and Everett the value of the land was discussed. During one of these conferences Everett contended it was worth $100 an acre and at that time Breon made reference to' Everett’s indebtedness to the bank. It is suggested the bank indebtedness was used as a leverage to bring about the conveyance by him of the property transferred. Everett testified Breon indicated he thought the land was worth $75 an acre while he maintained it was worth $100 an acre.

Later a conference was had relative to the possible sale and transfer of Everett’s one-third interest in his father’s estate to Leslie. At that time Leslie indicated he valued the land at $80 per acre. Everett testified that at this meeting, which was held at the home of J. A. Breon, there was no' reference made to or concerning an assignment of his interest in a possible expectancy in his mother’s estate.

Relative to this fact the testimony of Everett discloses the following: “Q. Now, this I want to ask you * * *: Was there any discussion there at that time with regard to any future interest you might have in your mother’s estate? A. No. Q. * * * What was said that evening and what finally was done? A. Jess [Breon] done the figuring and he figured $3500 and he told me to meet him at the bank the next morning.”

*1263 On cross-examination he testified: “Q. And as I understand you were claiming- a third interest in the farm at that time? A. Yes. Q. And Leslie a third and your mother a third? A. Yes. Q. As I also recall you testified that the personal property was not discussed that night at all? A. No. Q. Now, after you agreed on a valuation of $90 an acre for 200 acres, which would be $18,000, then as I understand you, you deducted this principal mortgage debt of $9393 ? A. Yes. Q. And when you done that that would leave a value of $8607 and then you divided that into three parts? A. Yes. Q. And that would make $2869 for each third share. Now, what I am interested in is knowing what made up the difference between the valuation of your interest in the real estate, as you tell me it was computed, of $2869 and the $3500 which he paid you? A. I was selling my share in father’s estate for $3500. Q. Well, I thought you told me you agreed on $90 an acre? A. No, I was selling my share in my father’s estate for $3500. Q. Well, what I am trying to find out is how you arrived at the figure of $3500 ? A. That is the way Jess figured it out — $3500 we settled on. Q. At the meeting at Jess Breon’s house on the evening of February 24, 1941, the value of the personal property or the disposition of it wasn’t even discussed, is that right? A. No. I just sold my third interest in my father’s estate for $3500. Q. * * * Now, did you or not agree to sell your third interest in your father’s farm on the basis of $90 an acre ? A. I was selling my third interest in father’s estate for $3500. Q. I thought you said you had agreed on a valuation of $90 an acre? A. I said I was selling it for $3500.”

On the following morning, which was February 25, 1941, Breon, Leslie and Everett had a meeting at a bank. At that time two cheeks were written and signed by Leslie and held by Breon. One of the cheeks was for $1249.63, which was to the bank and apparently would be in payment of Everett’s indebtedness to it, and the other cheek was made payable to Everett for $2250.37. Later the three parties met in an attorney’s ofSce in Ottumwa and three written instruments were prepared which are of importance in this litigation.

Exhibit P-3, an agreement, is as follows:

*1264 “This AgReement, made and entered into this 25tb day of February, 1941, by and between Everett A. Sterling and B-Relah Sterling, his wife, parties of the first part, and Leslie D. Sterling, party of the second part, all of Wapello County, Iowa, Wit-NESSETH:

“Everett A. Sterling has an undivided one-third interest in the Southeast Quarter, and East one half of the East one half of the Southwest Quarter of Section 18, Township 75 [73], Range 12, Wapello County, Iowa, which he received as an heir-at-law of Emery W. Sterling, deceased, and Everett A. Sterling has an undivided one-third interest as an heir-at-law of Emery W. Sterling of certain personal property, which was the property of Emery W. Sterling, now deceased.

“That the second party is desirous of buying all the right, title and interest in the estate, and in the real estate, and does hereby pay to Everett A. Sterling and Bwelah Sterling the sum of Thirty-five Hundred Dollars ($3500), and for and in consideration of the payment of $3500, which is hereby acknowledged by first parties, the first parties convey by quitclaim deed, all their right, title, and interest in and to the above described real estate, and by a separate assignment, assign all their right, title and interest in and to the estate of Emery W. Sterling, deceased, to Leslie D. Sterling.

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Bluebook (online)
92 N.W.2d 138, 249 Iowa 1260, 1958 Iowa Sup. LEXIS 363, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-sterlings-estate-iowa-1958.