Pell v. Mercer

14 R.I. 412, 1884 R.I. LEXIS 26
Supreme Court of Rhode Island·Decided March 6, 1884·Published·Cited by 7 cases

Opinion

Dtjrfee, C. J.

This is a bill for instruction in regard to the execution of the will of Alexander G. Mercer, late of Newport, deceased. By the first clause of the will the complainant and Edward King of Newport, and Frederick W. Rhinelander of New York, are appointed executrix and executors, and, in case of the failure of either of them, John J. Townsend of New York as substitute. Edward King died before the testator, and, the other executors named having failed to qualify, the complainant has instituted the suit alone.

*424 The property of the testator amounted, at bis decease, to nearly a million of dollars. It consisted of some real estate, of his personal effects, of a note for $10,000, secured by mortgage given by the complainant, of $136,455.19 in money, and of stocks and bonds. The will is in eleven sections. It does not expressly direct the payment of debts. It expresses tbe hope that the executors will accept a thousand dollars each in lieu of all other remuneration, giving as a reason that the testator regards the execution of his will as “ a work of charity as well as of friendship.” It makes numerous pecuniary bequests, one of five thousand, three of two thousand, and the rest of one thousand and of five hundred dollars each, to individuals and to religious, charitable, and literary societies or corporations. It gives his real property, consisting of a building called All Saints Church in Newport, to trustees in trust for the purposes and uses of religious worship according to the forms of the Protestant Episcopal Church in the United States of America. It gives certain articles, precious to the testator on account of their associations, to two of his friends as souvenirs, and then bequeaths “ all the rest of my personal effects, such as silver, jewelry, furniture,” &c. to the complainant, desiring her, however, to present from the testator to each of his friends some book or other article at her discretion, naming many whom he wishes her to remember. The will declares that the testator does not leave any share of his property to his brother John C. Mercer, “ because he will need none of it,” but requests him to accept two marble lions “ with every kind and earnest good wish.” The will then by Section IX. makes provision in regard to certain other property ; whether it be all his other property is one of the questions which we are asked to decide. The testator divides it into thirty shares, to be held and managed in trust, with direction that the interest on all the shares but two shall be paid to certain persons for life, and that the interest on the remaining two shall be paid to four cousins of the testator until the decease of his brother John C. Mercer. The will then provides by Section X. that, on the death of each of the legatees named in Section IX., his or her share of interest shall accumulate until the death of the last of said legatees, and that then the property with its accumulations shall be divided in three equal parts, and be distributed or applied to differ *425 ent religious, educational, charitable, or benevolent purposes. Tbe eleventh and last section appoints the Boards of Domestic Missions in the Protestant Episcopal and Presbyterian Churches of the United States “ residuary legatees, so that,” in the language of the will, “ in case any of my preceding gifts, specially my gifts to public purposes, should fail (for any reason now unimaginable to me), my property shall surely go, in such event, to the work of establishing the knowledge and following of Jesus Christ among our American people.” “ In conclusion, it is my earnest desire,” says the will, “ that by the wisdom, honor, and energy of my executors, and of the persons intrusted with the several trusts aforesaid, my property may go in the most prudent, economical, and effectual manner to the permanent good benefit of men in case of the bequests to public objects, and in case of the bequests to persons to their comfort and happiness.” This analysis exhibits the general scope and scheme and the more salient features of the will, and, if the entire property of the testator be disposed of, demonstrates a purpose on his part to dedicate by permanent trusts much the larger portion of his large means to the temporal relief and amelioration and to the moral, intellectual, and religious improvement of his fellow men.

The will, which is holographic, bears the date of September 28, 1870. The testator died November 3, 1882. In the interim, between the date of his will and his death he largely increased his property. The bill but slightly shows the circumstances under which the will was made. It does not tell us what was the age, character, habits, or profession of the testator. We infer from the will, however, that he was a clergyman, for he bequeaths his sermons in. it, and that he was a man of mature age, of superior education, of large views and of considerable knowledge of and capacity for business and finance. We also infer from this distribution of bequests and souvenirs that he was a man of genial and affectionate temper, who valued his friends and was glad to have them know that he valued them. The bill shows that the only next of kin of the testator who survived him were his brother John C. Mercer, and his three nieces, daughters of his brother Singleton Mercer. The bill shows that John C. Mercer was a man of large fortune, a fact recognized in the will, and that *426 the three nieces are legatees to the extent of $2,000 each under Section III.

The bill presents thirteen questions under the will on which it asks for instruction from the court. The first question is virtually whether the testator died intestate as to any of his property. The answer to this question depends mainly on the interpretation which is to be put upon certain language contained in Section IX., taken in connection with Section II. Section II. reads as follows, to wit:

“ Section II. I desire my executors to select from my stock investments such of them as it may be most judicious to sell, and to realize from such sales enough money to pay the gifts made in Section III., and afterwards and gradually and to the best advantage to sell all my shares of stock, and to invest the proceeds in the bonds of the State of California, and to deposit said bonds, together with all my other bonds, with the ‘ Pennsylvania Company for Insurance on Lives and Granting Annuities,’ in the city of Philadelphia, for the purposes hereinafter named.”

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Pell v. Mercer, 14 R.I. 412, 1884 R.I. LEXIS 26 (R.I. 1884).

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