Mercantile-Commerce Bank & Trust Co. v. Binowitz

238 S.W.2d 893, 1951 Mo. App. LEXIS 417
CourtMissouri Court of Appeals
DecidedApril 17, 1951
Docket28158
StatusPublished
Cited by22 cases

This text of 238 S.W.2d 893 (Mercantile-Commerce Bank & Trust Co. v. Binowitz) is published on Counsel Stack Legal Research, covering Missouri Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Mercantile-Commerce Bank & Trust Co. v. Binowitz, 238 S.W.2d 893, 1951 Mo. App. LEXIS 417 (Mo. Ct. App. 1951).

Opinion

238 S.W.2d 893 (1951)

MERCANTILE-COMMERCE BANK & TRUST CO. et al.
v.
BINOWITZ et al.

No. 28158.

St. Louis Court of Appeals, Missouri.

April 17, 1951.
Rehearing Denied May 18, 1951.

*894 Thompson, Mitchell, Thompson & Douglas and Samuel A. Mitchell, and William G. Guerri, all of St. Louis, for Mercantile-Commerce Bank and Trust Co., Co-Executors of the Estate of Hyman A. Binowitz, Deceased, plaintiff-respondent.

Barton N. Grant, Sr., Milton F. Napier, St. Louis, for Estelle Binowitz, Co-Executor, plaintiff-respondent.

A. B. Frey, St. Louis, for Charles and Samuel Binowitz and Leo N. Levi Memorial Hospital Ass'n, defendants-respondents.

Karol A. Korngold, St. Louis (Arthur H. Slonim, Frey & Korngold, St. Louis, of counsel), for Charles Binowitz and Abraham B. Frey, Co-Executors of the Estate of Morris L. Binowitz, Deceased, defendants-respondents.

Robert Mass, St. Louis, for Jewish Children's Home of St. Louis, Inc., defendant-respondent.

Noah Alter, Denver, Colo., for Jewish Consumptive Relief Society, defendant-respondent.

Barton N. Grant Sr., Milton F. Napier, St. Louis (Louis E. Zuckerman, St. Louis, of counsel), for Shirley M. Binowitz Soule, defendant-appellant.

HOUSER, Commissioner.

This is an action under the Declaratory Judgments Act, R.S.1949, § 527.010 et seq to obtain a construction of the last will and testament of Hyman A. Binowitz, who died February 10, 1948, leaving as his survivors his widow, Estelle Binowitz, and two children of the marriage, Shirley May Binowitz Soule, born May 3, 1926, and Hubert E. Binowitz, born January 2, 1933.

The suit was brought by the Mercantile-Commerce Bank and Trust Company and the widow, as co-executors under the will, during the course of the administration of the estate in the probate court. All persons interested in the estate were joined as party defendants. The allegations of the petition were not controverted. All of the defendants joined in the prayer that the court interpret and construe the will. The cause was submitted to the trial court by consent on the pleadings, without the taking of any evidence.

The will consists of 13 typewritten pages, divided, after the preliminary recitals, into 16 items, sections, sub-paragraphs and articles. Items I and II provide for the payment of funeral expenses, debts and for burial grounds. Item III bequeaths certain specific articles such as automobiles, household furnishings, etc., to the widow, while Item IV defines the term "survive" as used in the will. In Item V three $100 specific bequests to charities are made. Item VI terms the remainder of his property "residuary estate".

Item VII provides: "If all of my children, born of my marriage with my wife, hereinafter for brevity called `my children', and all of their lineal descendants, shall predecease me, but not otherwise, and my wife alone shall survive me, then I give, devise and bequeath my residuary estate to my wife, absolutely, and in fee simple."

Item VIII, which provoked the filing of this action, commences with this language: "If any of my children, or any of *895 their lineal descendants, shall survive me, then I give, devise and bequeath my residuary estate, (the same being hereinafter called my `trust estate'), to my wife, Estelle Binowitz, and the Mercantile-Commerce Bank and Trust Company in St. Louis, a Missouri banking corporation, as co-trustees, and to their successors in trust, for the following uses, trusts and purposes, and in accordance with the following terms, provisions and conditions, towit:" whereupon nine separate sections of the item follow.

Section 1 begins: "If my wife shall survive me, then I direct the trustees to pay to my said wife, for her own use and behoof, until she shall remarry, but if she shall not remarry then for and during the balance of her natural life, the entire net income of said trust estate, unless said trust estate shall terminate sooner under Section 6 of this Item." Section 1 concludes by authorizing the trustees in their discretion to encroach upon the principal of the trust estate up to $2500 in any one calendar year at "any time, or from time to time prior to the remarriage of my wife" if the net income from the trust estate is not sufficient for her necessary expenses, "even if such encroachment finally consumes the entire principal of said trust estate; provided, however, that no right of encroachment shall exist if and after my wife shall remarry."

Section 2 provides: "(a) If my wife shall remarry, then upon such remarriage I direct that the trustees set apart one-third (1/3) of said trust estate and to pay to my wife the net income thereof for and during the remainder of her natural life, as and when the same is received. (b) In that event, I direct the trustees to set apart and divide the remaining two-thirds (2/3) of said trust estate into as many approximately equal shares as shall provide one such share for each of my children as shall survive the remarriage of my said wife, and one such share, collectively, for the lineal descendants surviving such remarriage, of each of my children as shall predecease such remarriage, they to take per stirpes."

Section 3 provides: "Upon the death of my wife, I direct the trustees to set apart and divide that one-third (1/3) of said trust estate which is directed to be set apart in Section 2(a) hereof, into as many approximately equal shares as shall provide one such share for each of my children as shall survive my wife, and one such share, collectively, for the lineal descendants surviving my wife, of each of my children as shall predecease my wife, they to take per stirpes."

Section 4 directs that shares of the trust estate set apart under Sections 2(b) and 3 "or under any other Section hereof" to the lineal descendants of deceased children of testator should not be held in trust, but be distributed forthwith to such lineal descendants or their guardians, free from trust.

Section 5, subsection A, directs that shares of the trust estate set apart under Sections 2(b) and 3 "or under any subdivision hereof" for his children be distributed "forthwith, free from trust, to each of my children as is entitled to a share under any Section hereof, one-half (½) of such share, if and when such child shall attain the age of twenty-three (23) years, and the remaining one-half (½), if and when such child shall attain the age of twenty-eight (28) years, but until such distributions are made the trustees shall hold such shares or parts of shares pursuant to the terms hereof."

Subsections B, C and D direct the trustees to pay to any child for whom the trustees are holding any share, the net income of such share, except that if the child be a minor the trustees shall either expend the net income for the benefit of the minor or pay it to the guardian of the minor; vest the trustees with discretionary power to encroach upon the principal of any share of the trust estate held for any child to the extent of not to exceed 15% of the principal of such share in any one calendar year for the necessities of said child; and provide for the devolution of the shares of the children in the event they die "prior to receiving" any share or shares of said trust estate to which he or she is entitled *896 (such shares to go, free of trust, to the then surviving lineal descendants of such deceased child, or, if there be none, then to the other children or their lineal descendants who shall survive such deceased child).

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Bluebook (online)
238 S.W.2d 893, 1951 Mo. App. LEXIS 417, Counsel Stack Legal Research, https://law.counselstack.com/opinion/mercantile-commerce-bank-trust-co-v-binowitz-moctapp-1951.