Industrial Trust Co. v. Colwell

123 A. 90, 45 R.I. 392, 1924 R.I. LEXIS 6
CourtSupreme Court of Rhode Island
DecidedJanuary 11, 1924
StatusPublished

This text of 123 A. 90 (Industrial Trust Co. v. Colwell) is published on Counsel Stack Legal Research, covering Supreme Court of Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Industrial Trust Co. v. Colwell, 123 A. 90, 45 R.I. 392, 1924 R.I. LEXIS 6 (R.I. 1924).

Opinion

*393 Vincent, ■ J.

This is a bill in equity and comes before this court on the appeal of Alfred G. Chaffee as guardian of the person and estate of Elizabeth M. Colt, and also her guardian ad litem, from the final decree of the Superior Court. The purpose of the bill is to remove a cloud on the title of the Industrial Trust Company as trustee, under the will of the late Samuel Pomroy Colt, on certain real estate situated in the Town of Bristol and known as- the “Homestead Estate.”

On February 13, 1923 the Industrial Trust Company, as such trustee, brought its bill in equity in the Superior Court against Henry F. Colwell, Elizabeth M. Colt, a person non compos mentis, Russell G. Colt and Roswell C. Colt.

The land in question is described in the bill of complaint as follows: (1) That certain tract or parcel of land with the buildings and improvements thereon, known as the DeWolf House Estate, bounded on the west by Hope Street, on the south by Norris, Wardwell, Seagrave and Methodist Church land, on the east on land formerly of Hannah B. Smith, and on the north in part by said Centre or Central Street, in part on land formerly of William Dimond, in part on land formerly of William E. Chadwick and in part on the other two tracts hereinafter described; (2) that certain tract or parcel of land with the buildings and improvements thereon, bounded northerly on said Wardwell Street, on which it' measures about 53 feet, and holding the same *394 width extends back about 64 feet to, and bounds southerly on said DeWolf House Estate, so-called, bounding easterly on land formerly of J. Russell Bullock add westerly on the remaining tract hereinafter described; (3) that certain tract or parcel of land with the buildings and improvements-thereon bounded westerly on Hope Street, southerly on said DeWolf House Estate, easterly on the tract last above described and westerly -on said Wardwell Street.

The title to these parcels of real estate was acquired by Samuel Pomroy Colt prior to 1880. He also acquired later other real estate adjoining that already described. These additional purchases do not require our consideration as it is not claimed that there is any cloud upon the title of the later acquired portions.

On May 17, 1880 Col. Colt, then unmarried, executed a quitclaim deed conveying to Francis Colwell the three parcels of land described.

On September 2, 1893, Francis Colwell executed an instrument purporting to be a declaration of trust, in and by which he proclaimed that he held the premises, so conveyed to him, in trust for Elizabeth M. Colt, wife of Samuel P. Colt and their children, for the term of ten years from September 2, 1893, and that at the expiration of said period of ten years an absolute conveyance of the property would be made to the beneficiaries.

This declaration of trust and the prior quitclaim deed covering the property were both recorded, at the instance of Mrs. Colt, in the office of the town clerk of Bristol in October 1893.

On April 29, 1896 Col. Colt filed a bill in equity in the Appellate Division of the Supreme Court setting forth that the deed to Colwell in 1880 was not intended to be absolute in form, but on the contrary was intended to take effect only as a mortgage; that the obligation which it was intended to secure had been satisfied; that the declaration of trust was invalid because it was not authorized by him and that both instruments had been recorded without his knowl *395 edge. The bill prayed for the reconveyance of the property to Col. Colt and for a decree adjudging the declaration of trust void. The respondents named in that suit were Francis Colwell, Elizabeth M. Colt and the two minor children, Russell G. Colt and Roswell C. Colt. Upon these parties service was duly made. A guardian ad litem, was appointed for- the infant defendants, Russell G. Colt and Roswell C. Colt and answers were filed by Elizabeth M. Colt and the guardian of the two minors. Colwell filed no answer. This cause was never set down for hearing and is still pending in the Superior Court.

The bill of the Industrial Trust Company now before us after setting forth various facts prays that this court will declare by its decree that the complainant holds the title of the three parcels of land in question in fee simple as trustee under the will of Col. Colt; that the alleged deed of May 17, 1880, and declaration of trust of September 2, 1893, be declared void; that the defendants convey all their rights, title and interest in the property to the complainant, and that the deed to Colwell and Colwell’s declaration of trust, constituting a cloud on the title, be delivered to the complainant for cancellation.

The defendants in the present case are Henry F. Colwell, who has inherited through his mother, Anna F. Colwell, all the interest that Francis Colwell might have had in the property in question; Elizabeth M. Colt, who being a person non cdmpos mentis is represented by her guardian ad litem, and Russell G. Colt and Roswell C. Colt.

A decree pro confesso was taken against Henry F. Colwell by his consent; the guardian ad litem of Elizabeth M. Colt has filed an answer submitting her rights to the court. Russell G. Colt and Roswell C. Colt have filed answers leaving the complainant to its proof.

The case was heard on bill, answers and proofs in the Superior Court; briefs were submitted and the complainant was found to be entitled to the relief for which it prayed.

*396 Following the decision of the Superior Court a decree was entered declaring that the deed from Samuel P. Colt to Francis Colwell dated May 17, 1880, and recorded in the records of land evidence of the town of Bristol in deed book 43 at page 372 and the declaration of trust by Francis Colwell dated the 2nd day of September, 1892, and recorded in said records of land evidence in deed book 51 at page 464 were, at the date of the decease of Samuel P. Colt and are now inoperative, void and of no effect; that Samuel P. Colt died seized and possessed of an absolute estate in fee simple in the real estate described in said deed and declaration of trust and that the complainant as trustee under the will of Samuel P. Colt is now seized and possessed of an absolute estate in fee simple therein, free and clear of any lawful claim of the defendants; that the defendant Henry F. Colwell sole heir-at-law of said Francis Colwell and sole devisee under the will of Anna F. Colwell, the sole devisee under the will of Francis Colwell shall give a deed of the property in question to the complainant trustee; that Alfred G. Chaffee, guardian ad litem of Elizabeth M. Colt, shall deliver to the complainant the original deed and declaration of trust for cancellation.

The complainant contends (I) that the declaration of trust of 1893 is invalid because it was intended to take effect only upon a condition, and the condition never occurred; (2) that the declaration of trust is invalid because it was not authorized in writing according to the requirements of the Statute of Frauds; (3) that if Col.

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Bluebook (online)
123 A. 90, 45 R.I. 392, 1924 R.I. LEXIS 6, Counsel Stack Legal Research, https://law.counselstack.com/opinion/industrial-trust-co-v-colwell-ri-1924.