In Re the Accounting of Silsby

128 N.E. 212, 229 N.Y. 396, 1920 N.Y. LEXIS 693
CourtNew York Court of Appeals
DecidedJuly 7, 1920
StatusPublished
Cited by86 cases

This text of 128 N.E. 212 (In Re the Accounting of Silsby) is published on Counsel Stack Legal Research, covering New York Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In Re the Accounting of Silsby, 128 N.E. 212, 229 N.Y. 396, 1920 N.Y. LEXIS 693 (N.Y. 1920).

Opinion

Chase, J.

Horace Silsby died February 5, 1901, leaving a last will and testament which was duly probated and by which he directed the payment of his debts, funeral expenses and the expenses of administering his estate. All of the remaining property of every name and kind he gave to his executors and trustees therein named, in trust, however, to invest and keep invested, and to dispose of the same, principal and interest as follows to wit:

“ To pay over to my wife, Rebecca Silsby, from time to time for and during the term of her natural life, the net income, interest, issues and profits of and from the said entire trust estate.

At and after the death of my said wife, the said trust estate so held by my executors and trustees shall be by them divided, so nearly as may be, into three equal parts or shares, one of which shares shall be held by my said executors and trustees and the net interest and income therefrom shall be by them paid over from time to time,, to my daughter Eleanor P. Hart, of Rochester, N. Y., for and during the term of her natural life, and upon her death shall be turned over and shall belong to the then living heirs of my said daughter; another of said shares shall be held by my said executors and trustees, and the net interest and income therefrom shall be by them paid over, from time to time, to my son Horace N. Silsby for and during the term of his natural life, and upon his death said share shall be turned over, and shall belong to the then living heirs of my said son. The other of the shares shall be held by my said executors and trustees and the net interest and income therefrom shall be by them paid over, from time to time, to my daughter Emma Feek, for and during the *401 term of her natural life and upon her death said share shall be turned over and shall belong to the then living heirs of my said daughter; Provided always that should any of my said children die without leaving descendants then the share to which such descendants would have, been entitled shall be, by my said trustees, held for the benefit of my remaining children for fife, as hereinbefore set forth, and upon their death to go to their descendants as above provided.”

He left him surviving his widow and three children, Eleanore P. Hart, Horace N. Silsby and Emma S. Feek. The executors as trustees held the residuary estate as directed by the will until the death of the widow which occurred October 29, 1916. The trust fund was then divided into three parts and thereafter held for the three children severally as provided by the will. The daughter Eleanore is living and has four children, three of whom were born prior to the death of the testator, and one in 1904. Horace is living and has one son who was born prior to the death of the testator. Emma had one son bom before the death of the testator but he died August 25, 1905, prior to the death of the widow. Emma died April 20, 1919, without leaving a descendant. The only question presented for our consideration is, as to the disposition of the corpus of the fund held for the daughter Emma during her life.

The Surrogate’s Court and the Appellate Division have held that the corpus of such fund be divided into two equal parts and that one of such parts be divided among the children of Eleanore living at the death of Emma and that the other of such parts be paid to the son of Horace. The surrogate in the decision finds: It was the intent of the testator that the corpus of his estate should vest absolutely in his grandchildren and never should vest in his own children.”

When the intention of a testator is. reasonably clear, *402 and it is not in violation of any statute, it must be enforced. (Cammann v. Bailey, 210 N. Y. 19.) It was said by Judge Pound, now of this court, in Baker v. Gerow (126 N. Y. Supp. 277): In construing a will it has been repeatedly held that the object of the courts is to ascertain, not the intention simply, but the expressed intention, of the testator, i. e., the intention which the will itself, either expressly or by implication, declares. In other words, it is the duty of the court to ascertain the intention of the testator from the words he has used, and to ascertain and give effect to the legal consequences of that intention when ascertained.”

We think the learned surrogate and the Appellate Division were mistaken in holding in substance that it was the intent of the testator “ that the corpus of his estate should vest absolutely in his grandchildren.”

The intent of the testator as expressed by him in his will was that the corpus of the estate should be held in trust for the benefit of his widow and his children severally as in the will provided and after the death of his widow and of the children, severally, the corpus “ be turned over and shall belong to the then living heirs ” of such child.

The interests of the grandchildren in the trust fund prior to the death of the widow and of the - children severally were contingent upon such grandchildren severally living until the corpus of the fund should be turned over as provided by the will, and also contingent upon a redivision or upon redivisions thereof by which the individual shares would be increased because of the death of a grandchild or decreased because of the birth of another grandchild occurring after the death of the testator and prior to the termination of the life estates. If, as claimed by some or all of the respondents, the corpus of the estate vested absolutely in the grandchildren of the testator subject to the life estates, the son of Emma who was living at the death of the testator "and *403 died prior to the death of the widow took a share of the corpus which passed to his personal representative. No claim of that kind has been urged by any of the parties before this court.

The gift of the corpus of the trust fund was not absolute but contingent as hereinbefore stated. (Real Property Law [Cons. Laws, ch. 50], sec. 40; Personal Property Law [Cons. Laws, ch. 41], sec. 11.) As the daughter Emma died without descendants the only provision of the will purporting to dispose of the trust fund held for her is as follows: Provided always that should any of my children die without leaving descendants then the share to which such descendants would have been entitled shall be by my said trustees held for the benefit of my remaining children for fife as hereinbefore set forth and upon their death to go to their descendants as above provided.” The descendants as above provided are those living at the death of the testator’s children respectively.

It is conceded that the trust fund held for the benefit of Emma after the death of her mother cannot be held for the benefit of the surviving children, Eleanore and Horace, because of the prohibition against suspending the absolute ownership of property for a period continuing for more than two lives in being at the death of the testator. (Personal Property Law, sec. 11; Real Property Law, sec.

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Aberg v. First National Bank in Dallas
450 S.W.2d 403 (Court of Appeals of Texas, 1970)
In re the Accounting of Chemical Bank New York Trust Co.
29 A.D.2d 97 (Appellate Division of the Supreme Court of New York, 1967)
In re Syracuse University
148 N.E.2d 671 (New York Court of Appeals, 1958)
In re the Intermediate Accounting of United States Trust Co.
4 A.D.2d 245 (Appellate Division of the Supreme Court of New York, 1957)
In re the Construction of Will of Goldstein
3 A.D.2d 16 (Appellate Division of the Supreme Court of New York, 1956)
In re the Accounting of Security Trust Co.
284 A.D. 459 (Appellate Division of the Supreme Court of New York, 1954)
In re the Accounting of Heller
120 N.E.2d 688 (New York Court of Appeals, 1954)
Bank of New York v. Palmer
269 A.D. 229 (Appellate Division of the Supreme Court of New York, 1945)
In re the Judicial Settlement of the Account of Proceedings of Tod
260 A.D. 627 (Appellate Division of the Supreme Court of New York, 1940)
In re the Estate of Wilson
167 Misc. 758 (New York Surrogate's Court, 1938)
In re the Estate of Werner
167 Misc. 92 (New York Surrogate's Court, 1938)
In re the Estate of Wuppermann
164 Misc. 900 (New York Surrogate's Court, 1937)
In re the Estate of Froman
165 Misc. 400 (New York Surrogate's Court, 1937)
In re the Estate of Levy
160 Misc. 394 (New York Surrogate's Court, 1936)
In re the Estate of Lesser
158 Misc. 895 (New York Surrogate's Court, 1936)
In re Pross
245 A.D. 548 (Appellate Division of the Supreme Court of New York, 1935)
In re the Estate of Loeb
155 Misc. 863 (New York Surrogate's Court, 1935)
In re the Estate of Frey
154 Misc. 421 (New York Surrogate's Court, 1935)
In re the Estate of Rosenstein
152 Misc. 777 (New York Surrogate's Court, 1934)
In re the Estate of Nelson
152 Misc. 245 (New York Surrogate's Court, 1934)

Cite This Page — Counsel Stack

Bluebook (online)
128 N.E. 212, 229 N.Y. 396, 1920 N.Y. LEXIS 693, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-the-accounting-of-silsby-ny-1920.