In re the Probate of Last Will & Testament of Tracy

3 N.Y. St. Rep. 239
CourtNew York Surrogate's Court
DecidedNovember 18, 1886
StatusPublished

This text of 3 N.Y. St. Rep. 239 (In re the Probate of Last Will & Testament of Tracy) is published on Counsel Stack Legal Research, covering New York Surrogate's Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In re the Probate of Last Will & Testament of Tracy, 3 N.Y. St. Rep. 239 (N.Y. Super. Ct. 1886).

Opinion

Stern, S.

I enter upon the determination of this case deeply impressed with the weighty responsibilities of my position and the magnitude of the interests involved.

The instruments propounded for probate as and for the last will and testament of Francis W. Tracy consists of five papers, a will and four codicils. The will, executed August 14, 1876, gives to his wife, Agnes Ethel Tracy, his dwelling house and all articles of personal property provided for use in and about the premises, and also one-half of the remain[240]*240der of Ms estate, real and personal. To Ms executors in trust the sum of $100,000, to be invested and the income applied semi-annually to the use of Ms daughter Harriet F. Tracy during her life, and at her decease the principal to be paid to her issue if any, if none then to the residuary legatee named in his will. The bequest in favor of his daughter he limits for the reason that her mother is possessed of an ample fortune.

To William Shelton, the income of $40,000.

To Anna Tracy Johnson, and Harriet Tracy, his cousins, each $30,000.

To the daughters of his cousin, Edward D. Tracy, and to Tracy Baxter, $15,000.

To his executors m trust, $7,500 to rnvest and to be used and applied to the maintenance and education of William Lansing, while, and so long as, he attends at either Tale or Harvard College. In case he attains the age of twenty-one years and graduates, the principal to be paid over to him. In case he fails to graduate before he is twenty-five, the principal to go to the residuary legatee.

To his executors, the residue of his estate in trust for any child or children born of his marriage with Agnes Ethel Tracy, the use to be applied during their minorities, and the principal on their attaimng the age of twenty-one years. In case of no issue said trust fund to be applied as follows:

To the Buffalo Orphan asylum, $10,000.

To the Buffalo General hospital, $20,000.

■ To the Charity Foundation of the Protestant Episcopal church in the city of Buffalo, $10,000.

To the Buffalo Historical society, $10,000.

To the Young Men’s association of the city of Buffalo, $10,000.

To the Buffalo Fine Arts academy, $100,000.

To the Home of the Friendless, $10,000.

To the Buffalo Catholic Institute, $10,000. The residue to Agnes Ethel Tracy.

By the first codicil, executed October 21, 1876, he revokes the bequest to his wife, Agnes Ethel Tracy, giving her all the residue and remainder of Ms estate, and provides that in case he should die leaving no issue of his marriage him surviving, and in case he should survive his wife, then he gives to Harriet F. Tracy, all and singular, the silver plate and plated ware of every description, to be delivered to her by his executors when she shall attain the age of twenty-one years, or shall be married. In case his wife survives him and his daughter, Harriet F. Tracy does not, the residue to go to his wife absolutely. In case he_ survives his wife and leaves Ms daughter Harriet surviving, then the residue to his executors in trust, the income to her during [241]*241her life, and the principal to her issue at her death. If no issue then to the residuary legatee.

In case his wife and daughter both survive him, then one-half to his wife absolutely, and the income of the other one-half to his executors in trust, the income to be paid to his daughter for life, and the principal to her issue, if no issue then to the residuary legatee.

The second codicil, executed August 19,1879, gives to his friend, Warren Bryant, $40,000, to be accepted in full satisfaction of all claims for commissions and compensation for services as executor and trustee under Ms will. It revokes the bequest of $100,000 to his executors in trust and substitutes a similar provision with the exception that oMy $3,000 of the income shall be used to educate, maintain and support his daughter until she is twenty-one, when she is to have all accumulations and thereafter during her life the entire income The legacy to the fine arts academy is reduced to $70,000, to construct a fire-proof building, and $50,000, if such building is otherwise provided for.

To the Buffalo general hospital an additional $30,000.

In contemplation of any early trip to Europe M company with his wife, he directs that in case both himself and his wife die under such circumstances that it cannot be determined who survives, then all the property devised and bequeathed to his wife by this will, and this codicil, he gives to Ms friend Warren Bryant. This codicil also contains the following provision : “In case any beneficiary named in my said last will and testament, whether devisee, legatee, or cestui que trust therein named, shall, in person or by another, contest the probate of my said last will and testament, or any codicil thereto, or shall institute any proceedings of any kind with a view to avoid or annul my said last will and testament, or any codicil thereto, or any provision in my said last will and testament, or in any such codicil contained, then, and m either case, I do hereby revoke all provisions in my said last will and testament or in any codicil thereto, contamed M favor of the person or corporation contesting or seeking to avoid such last will and testament, or codicil or provision, and if such contestant shall be my daughter, then I give, devise and bequeath to my wife all the property which in and by such last will and testament, and the codicils thereto, is or shall be given to my executors in trust for my said daughter’s benefit. If my wife shall be such contestant, then I give, devise and bequeath to my executrix and executors all the property which is by my said last will and testament, or any codicil thereto, given to my wife in trust for my daughter, and [242]*242upon the same trusts in every particular as are specified in the second article of this codicil.”

The third codicil, executed July 12, 1883, revokes the provision made in the first codicil for his daughter, giving her" the use of one-half of the residue of his estate, and restores the clause in his will giving the residue to his wife, and making her the sole and residuary legatee, and states that he makes this change in his intention respecting his daughter Harriet, after much reflection, and for the reason, among others, that he regards the provision made in her favor in the second article of his second codicil, when taken in connection With the provisions made for her in his mother’s will, as ample and sufficient under any circumstances. He revokes the bequest in favor of the fine arts academy of $70,000, and to the hospital of $30,000, made in the second codicil, and gives to the fine arts academy instead, $20,000, and directs that the money and property left to him under the will of his uncle, Edward Norton, be distributed among those of his uncle’s blood, per stirpes and not per capita.

By the fourth codicil, dated August 9th, 1883, in case his wife Agnes and he shall die at the same time, without issue them surviving, he gives to his wife’s sister, Rose Rodebush, and his wife’s niece and nephew, Agnes and John H. Rodebush, $100,000 each.

To his cousin, Anna Tracy Johnson, and Harriet Tracy, $75,000 each.

To the daughters of his cousin, Edward D. Tracy, $30,000 each, and to Tracy Baxter, $30,000.

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Cite This Page — Counsel Stack

Bluebook (online)
3 N.Y. St. Rep. 239, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-the-probate-of-last-will-testament-of-tracy-nysurct-1886.