O'Neil v. Graves

223 S.W. 264, 1920 Tex. App. LEXIS 730
CourtCourt of Appeals of Texas
DecidedApril 15, 1920
DocketNo. 7801.
StatusPublished
Cited by1 cases

This text of 223 S.W. 264 (O'Neil v. Graves) is published on Counsel Stack Legal Research, covering Court of Appeals of Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
O'Neil v. Graves, 223 S.W. 264, 1920 Tex. App. LEXIS 730 (Tex. Ct. App. 1920).

Opinion

GRAVES, J.

On October 19, 1909, the Eleventh district court of Harris county, in divorcing John and Angela M. O’Neil, at the same time approved and entered as that part of its judgment their written agreement disposing of their property interests and the custody, support, and education until his majority of their only child, an infant son, Norman William O’Neil.

That agreement in full was as follows:

“The parties to the above numbered and entitled cause, acting herein through their respective attorneys of record, do hereby make and enter into the following agreement respecting their property rights and the custody, support, and education of their minor son, Norman William O’Neil, and agree that in the event the court should grant a divorce to the plaintiff herein that a judgment may be entered respecting their property rights and the custody, support, and education of the minor child, Norman William O’Neil, in accordance with the following agreement:
“I. It is agreed that the plaintiff and the defendant own and possess no community property of any description, and that all property, real and personal, now owned or held by the defendant, John O’Neil, wherever the • same may be situated, is.his separate property and estate.
“II. It is agreed that the custody of the minor child of plaintiff and defendant, Norman William O'Neil, may be awarded to the plaintiff, and that she be the custodian of said minor child, and shall be regarded as the guardian of the person of the said minor child during his minority.
“IIT. It is agreed that the plaintiff, Angela M. O’Neil, is not possessed of any property or income sufficient to maintain and support the minor child of the plaintiff and defendant, or to pay her attorney’s fees in this case.
“IV. In order to provide for the proper support, maintenance, and education of said minor child, Norman William O’Neil, during his minority, it is hereby agreed that the defendant, John O’Neil, shall pay into the registry of this court the sum of $10,000 to be applied to the support, maintenance, and education of said minor child, upon the following terms and in accordance with the following stipulations, to wit:
“(a) The parties hereto shall agree upon some person or corporation to be appointed by this court as trustee for the estate of said minor child, Norman William O’Neil, and which trustee when so appointed shall have the custody and management and disposition of said sum of $10,000 and the revenues produced therefrom under the direction of the court and in accordance with the terms of said agreement, and in the event the parties cannot agree upon a trustee then the court shall appoint a suitable person or corporation as such trustee, but it is expressly agreed and understood that neither the plaintiff nor the defendant or any relation of either the plaintiff or of the defendant shall be so appointed as said trustee either now or hereafter, and both parties hereto expressly waive their right to such appointment.
“(b) Such trustee shall give a bond in the sum of $12,000 payable to Hon. O. E. Ashe, judge of the Eleventh judicial district court of Harris county, Tex., and his successors in office, conditioned upon the faithful performance of his duties as such trustee and upon the approval of such bond by the court an order may be entered directing the clerk of this court to pay over said sum of $10,000 to said trustee.
“(c) It shall be the duty of said trustee when appointed to invest said sum of $10,000 in the same manner and under the same circumstances as is now or hereafter provided by the laws of the state of Texas relating to the guardianship of estates of minors, except that the applications for authority to make loans of said fund shall be made to the judge of this court or his successors in office and shall be authorized and approved by this court instead of the probate court, it being the purpose hereof to have said fund managed, loaned, or invested under the direction of this court under the same circumstances as guardians of estates or minors- are permitted by law to manage and invest the funds belonging to their wards under the probate laws of the state of Texas. The revenues derived from such investment shall be by said trustee paid over to the plaintiff to be applied by her to the support and maintenance and education of said minor child, Norman William O’Neil. In the event of the-death of the plaintiff before said minor child reaches the age of 21 years, then this court shall appoint some suitable person as the guardian of the person of said minor child, and in that event said trustee shall pay said revenues for the support and maintenance and education of said minor child to such guardian of its person for the same purpose.
“(d) Should it become necessary at any time during the minority of the said Norman William O’Neil to use any portion of the principal of said sum of $10,000 to defray any necessary expenditure of said minor, application may be made to the district court of Harris county, Tex., for the Eleventh judicial district, either by said trustee or the rpother or guardian of the person of said minor child, for authority to do so, which application shall set forth the amount of the principal deemed necessary to be so used and the purposes for which it is to be expended, notice of said application shall be given to the defendant, John O’Neil, or to any attorney or agent designated in writing by him *266 to the trustee, or in the event of the absence of the said John O’Neil and his failure to designate an attorney or agent to whom such notice shall be given, then notice of such application shall be given by written notice from said trustee addressed to the said John O’Neil by registered mail to the address which shall be by him furnished in writing to said trustee, said notice to be given ten days before said application is heard and acted upon by the court, and the said John O’Neil shall thereupon have the right to appear and contest any such proposed expenditures. Upon hearing said application the court shall make its order either declining the same or directing such expenditures. and fixing the amount thereof, together with such stipulations with reference to the making of such expenditures as the court may deem proper in the premises; it being the purpose and intention of the parties hereto that said principal sum of $10,000 nor any portion thereof shall never be used without the approval of the district court of Harris county, Tex., for the Eleventh judicial district, in the manner aforesaid.
“(e) When said minor child, Norman William O’Neil, reaches the age of 21 years or upon his death, if he should die before reaching the age of 21, then said principal sum of $10,000, or so much thereof as shall remain unexpended, shall be by said trustee returned to the said John O’Neil or his legal representative or heirs or assigns.
“(f) In the event of the death, resignation, or inability to act or refusal to act of the trustee hereinbefore provided for, then the judge of the district court for the Eleventh judicial district of Harris county, Tex., shall appoint his successor in the same manner and under the same circumstances as hereinbefore provided for the appointment of said trustee in the first instance.

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Cite This Page — Counsel Stack

Bluebook (online)
223 S.W. 264, 1920 Tex. App. LEXIS 730, Counsel Stack Legal Research, https://law.counselstack.com/opinion/oneil-v-graves-texapp-1920.