Peugnet v. Berthold

81 S.W. 874, 183 Mo. 61, 1904 Mo. LEXIS 204
CourtSupreme Court of Missouri
DecidedJune 20, 1904
StatusPublished
Cited by10 cases

This text of 81 S.W. 874 (Peugnet v. Berthold) is published on Counsel Stack Legal Research, covering Supreme Court of Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Peugnet v. Berthold, 81 S.W. 874, 183 Mo. 61, 1904 Mo. LEXIS 204 (Mo. 1904).

Opinion

VALLIANT, J.

This is a suit in equity to discharge a trust created by the will of plaintiff’s father, relating to property devised to a trustee for plaintiff’s use. Armand Peugnet, the plaintiff’s father,.a resident of St. Louis and owner of real estate in St. Louis and New York, died in 1894, leaving a will which has been duly probated. The estate has, under the will, been fully administered, and final settlement and distribution made in the probate court in 1897. The only thing remaining to be done, according to the plaintiff’s petition,, is to turn over to him his share of the property that came to him under the third clause of the will and by inheritance as the sole heir of his father. The testator left surviving him his widow Virginia S. Peugnet and the plaintiff, his only child.

The will contained the following clauses which are-all of it that bear on this case:

‘ ‘ Second. I recognize that I have but one child, a son named Maurice B. Peugnet, and to that said child I give and bequeath one-half of my entire estate, real, [63]*63personal or mixed and of every kind and to bold in such, manner as he deems best.
“Third. The remaining one-half of said estate I give and bequeath to John B. Sarpy Berthold, as trustee without bond, for my son Maurice and for the sole use and benefit of said son and at death of said son this trust shall cease.
“Fourth. The said trustee shall have full power to buy, sell, mortgage^ invest, improve and manage, all of the said one-half interest or proceeds thereof held in trust during the life of said Maurice B. Peugnet.
‘ ‘ Fifth. It being my intention that only the income derived from said one-half interest held in trust be paid over to my son Maurice, by said trustee, as said trustee may think proper.
‘ ‘ Sixth. My said son Maurice is to have the power to dispose of at his death, by will or otherwise, of the entire one-half interest held by said trustee or his successors.
“Seventh. In the event of the death or disability of said trustee I direct that a successor shall be appointed by the circuit court of the city of St. Louis, in accordance with.the statutes in' such cases provided.”

The testator’s widow has conveyed to the plaintiff, her son, all her interest in the property in St. Louis in question. The trustee, the widow, and the plaintiff’s children, all of whom are minors, are the defendants. The prayer of the petition is that the plaintiff be allowed to release the power, and that the trust be discharged.

The answer of the widow admits the truth of all the statements in the petition and disclaims all right to the property named, except her dower right to the New York property, which the plaintiff does not question. The answer of the trustee admits the truth of all the statements in the petition. The children answer by their guardian ad litem that they are too young to be ad[64]*64vised of their rights in the premises and pray the court to protect their interests.

At the hearing the foregoing facts were proven by the plaintiff; the defendants introduced no evidence. The court rendered judgment for the defendants dismissing the plaintiff’s bill. The plaintiff appeals.

This court has often said that in construing a will and adjudging the rights of parties growing out of it the intention of the testator as derived from the will itself must govern. So our statute declares and so we would have to declare in obedience to the common law if there were no statute on the subject. So unqualified is this rule of construction that we are unwilling to say that it yields to any exception. But we make'no exception to the rule when we say that the testator’s intention appearing on the face of the will can not be carried out if it is contrary to law, for example, if the will gives an estate in fee to a devisee, but imposes the condition that it shall never be subject to execution for his debts, or if it attempts to limit an estate in violation of the rule against perpetuities. Though we may gather from the face of the will that the testator had a certain purpose in view, yet, unless he has expressed that purposei in terms that the court can enforce without violation of established principles of law, the testator’s intention can not be carried out. [Harbison v. Swan, 58 Mo. 147.]

The testator devised this property to the trustee for the sole use of his son for life, and declared that at his son’s death the trust should cease. The trustee was empowered “to buy, sell, mortgage, invest, improve and manage” the property and was to give only the income to the testator’s son. Thus having carved out a particular interest in the estate for the benefit of his son, limited in duration to the life of the son, and having given the son the power at his death to dispose of the property “by will or otherwise,” the testator leaves the fee, in default of execution of the power, to go as the statute of descents directs. The consequence was that [65]*65on the death of the testator the plaintiff, his only heir, took by inheritance the remainder in fee, and* that estate is now vested in him subject (if it is a subjection) only to the power of disposal given him by the will. If, therefore, we should be satisfied that the testator’s real intention was that his son was to have no other interest in the property devised to the trustee except the income of it for life and the power to dispose of it at his death, we could not give effect to that intention because the testator omitted to say in his will what should become of the remainder in fee in the event there should be no execution of the power. The law supplies that omission and easts the descent immediately on the heir.

If the testator had said in so many words, “I give my son this land for and during the period of his natural life and I will that he shall have no further interest in it,” still if he made no disposition of the fee, the son, his only heir, would take it by descent in spite of what was said in the will.

The learned trial judge was of the opinion that the power of disposition given by the will, interposed between the life estate and the remainder in fee, and so qualified the fee that the heir took it subject to the power, and that the plaintiff, as donee of the power, could not exercise it to increase his own estate. Atkinson v. Dowling, 33 S. C. 414, is referred to as authority for that proposition. We do not understand the opinion of the Supreme Court of South Carolina in that case as announcing that doctrine, but even if it does it applies to the facts of that case and not to the facts of this case. There the donee of the power had only a life estate. Here the plaintiff has the life estate by will and the fee by inheritance. What larger estate can he have 1 The will gives him the power to dispose of the fee only at his death, but by right of inheritance it is his to dispose of now.

The idea, however, is that this power so dominates [66]*66the fee that if the plaintiff should convey it now by deed the grantee would take it subject to the disposition the plaintiff as donee of the power might make of it by will: This brings ns to the consideration of the question, what is the legal effect of the power when held by the owner of the fee?

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Cite This Page — Counsel Stack

Bluebook (online)
81 S.W. 874, 183 Mo. 61, 1904 Mo. LEXIS 204, Counsel Stack Legal Research, https://law.counselstack.com/opinion/peugnet-v-berthold-mo-1904.