In re the Trust Estate of Presbury

1 Balt. C. Rep. 732
CourtBaltimore City Circuit Court
DecidedFebruary 24, 1898
StatusPublished

This text of 1 Balt. C. Rep. 732 (In re the Trust Estate of Presbury) is published on Counsel Stack Legal Research, covering Baltimore City Circuit 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 Trust Estate of Presbury, 1 Balt. C. Rep. 732 (Md. Super. Ct. 1898).

Opinion

WICKES, J.

The late George G. Presbury died in June, 1883, and his will was admitted to probate on the 12th day of the month.

By the third item he provided as follows:

“I give and bequeath to Frank X. Jenkins, for my dear adopted nephew, James Sykes, thirty thousand dollars ($30,000), which sum and whatever other sum he, the said James Sykes, may be entitled to under this, my will, in trust, to invest the same and the income, or as much of said income as may be necessary to apply to the support, education and maintenance of said James Sykes until the said James Sykes shall attain the age of twenty-five years, when the said trustee shall pay to him said sum and the income that may have accrued thereon.”

[733]*733The testator then provides in the same item for the widow and children, if he shall die leaving either or both, and then as follows: “If he die leaving no widow, or no child or children, then the sum to which he would be entitled is to be divided as follows: To his mother, Mrs. Imogene E. Sykes, the sum of five thousand dollars ($3,-000) : to his sister, Lina Sykes, five thousand dollars ($5,000) ; to Harry Lee Sykes, five thousand dollars ($5,-000) ; to Charles H. Sykes five thousand dollars ($5,000) ; and the residue to Mrs. Mary Van Bibber, wife of Dr. John Van Bibber.”

By the twelfth item of the will, the testator divides equally between Mrs. Van Bibber and James Sykes the “residin' of my estate,” and provides “that the share of James Sykes shall be held in trust by Prank X. Jenkins under the same terms as are set forth in the 3rd item of this will.” James Sykes died before he attained the age of twenty-five, leaving no widow or children.

The testator left legacies amounting to $95,000, to be paid after the death of his widow — -he left an estate largely exceeding in value the amount of the legacies1.

Xow, however, since the death of the widow and the final settlement of the estate, it is ascertained that only about 880,000 remains, and that only about $24,000 can be applied to the payment of the legacies under the 3rd item of the will, instead of $30,000, and the question presented for decision is whether the deficiency is to fall on the “residue” left to Mrs. Van Bibber, or whether all the legacies provided for imiler this item shall abate proportion-ably.

It is conceded that if instead of “residue,” the testator had said residue of the $30,000, or remainder or balance or any other term or expression that indicates his intention to deal with a fixed and definite sum that then no question could arise as to the application of the rule which requires all legacies of the same class to abate when the fund is insufficient to pay them. But it is supposed that because the testator provided not only for the payment of $30,000 to the trust for James Sykes, but an additional sum, to wit, one-half the residue of the estate ; that thereupon, the sum given to Mrs. Van Bibber is not a definite sum, to wit, the difference between the four legacies of $5,000 each, and the $30,000 named, but that her legacy was intended to be $10,000, plus the one-half the residue of the estate, and that because of the uncertainty thus created that the rule does not apply. In other words, if I have correctly understood the contention on behalf of the four legatees, it is that because the testator intended that Mrs. Van Bibber should receive two-sixths of $30,000, with whatever sum of money might be added to it from the residuary estate; that because there is not only no residuary estate, but not enough to pay the $30,000, that therefore the loss is to fall on her share, not because the testator intended her to have less than two-sixths, but because it was made uncertain by his effort to increase it.

The leading case on this subject is Page vs. Leapingwell, 18 Vesey 463.

There the testator devised to trustees his house, called Midfon Castle, with appuitenances, furniture, &c., upon trust to sell them by an auction or otherwise for not less than £10,000, and out of the proceeds to pay eextain legacies, and “after payment of the legacies above mentioned,” he directed his trustees to invest “all the surplus moneys arising from the sale” in the public fund for his widow and Sir Thomas Hyde Page, equally. Sale was made under a decree and yielded only £7,000, an amount insufficient to pay all the pecuniary legacies in full, and the question was whether any of the proceeds of the sale were to be paid to Page under the bequest of one-half of the “surplus money."

The Master of the Rolls, Sir Wm. Grant, in delivering the judgment of the Court, said: “I think the same construction does not apj>ly to this disposition of £10,000 as would be applicable to a genexval X’esiduary clause. The question is whether the testator did not assume that he had £10,000 to distribute and made his distribution upon that supposition. * ® * As to the mandatory clause, I refer to it only as showing the intention, and that he made his will upon the clear supposition that he had at least £10,000 to portion out in this manner. We thought there might he more, and in that event he meant to give these parties the surplus, whatever it might be. * * * It is no new thing to put a different con[734]*734struction upon the word surplus from that which it commonly bears. Why may not I infer from the expressions in this will, that the testator did not mean what the word ‘over-plus’ usually imports, viz., whatever shall turn out to be overplus; but that he was contemplating a certain overplus, and was making his disposition accordingly. I conceive the true intention to have been that these persons should take as specific legatees, and therefore they must abate among themselves.”

The doctrine of this case has been affirmed and reaffirmed over and over again — as for example, in Wright vs. Western, 26 Beavan, 429. Sir John Romilly, M. R., said: “The testatrix proposes to dispose of a specific' sum of £1,000, which she gives as follows: as to £100 to one person, as to £400 to another, and as to all the residue to a third. Page vs. Leapingwell exactly applies. Nothing- turns on the residue of the £1,000, being coupled with a gift of the general residue; they must be taken separately.”

And again, in Harley vs. Moon, 1 Drewry & Smales, R. 626. The Vice-Chancellor delivering the opinion of the Court said: “If a testatrix has power to dispose of a definite sum, for example, £600, and says I give £100 to A, and £100 to B and the remaining £400 to C, of course the sum of £400 is given just as specifically to C, as the two sums of £100 each are given to A and B. If instead of using that language the testatrix says, I give £100 each to A and B, and the remainder I give to C, without specifying the amount of the remainder, the Court has held that in the absence of anything showing a different intention, that the intention was to give the residue as a specific sum to C just as specifically as the gifts to A and B. That is the case of Page vs. Leapingwell, &c.” And so in a large number of other cases the Courts have held that legacies appearing at first sight to be residuary may be shown by the testator’s intention to be specific, in which case they will only abate with other specific legacies. When, however, a testator neither knows, nor assumes to know the amount of a fund, and after bequeathing certain portions thereof, he makes a bequest of the residue, the latter must be applied first in pay-, ment of debts, in other words, must bear the loss, in event of insufficiency of assets.

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Bluebook (online)
1 Balt. C. Rep. 732, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-the-trust-estate-of-presbury-mdcirctctbalt-1898.