Pratt v. Condon

131 N.E. 304, 239 Mass. 167, 1921 Mass. LEXIS 1043
CourtMassachusetts Supreme Judicial Court
DecidedJune 3, 1921
StatusPublished
Cited by4 cases

This text of 131 N.E. 304 (Pratt v. Condon) is published on Counsel Stack Legal Research, covering Massachusetts Supreme Judicial Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Pratt v. Condon, 131 N.E. 304, 239 Mass. 167, 1921 Mass. LEXIS 1043 (Mass. 1921).

Opinion

Jenney, J.

By deeds dated April 4, 1896, Isaac Pratt, Jr., conveyed real estate in Boston to three persons upon certain trusts expressed in said deeds. Edmund T. Pratt is now sole trustee and as such holds property of substantial value (the proceeds of the sale of the real estate originally held in trust), and he is in receipt of a substantial income therefrom.

[169]*169The property described in one of these deeds — hereinafter referred to as the first trust — was on Bromfield Street and the deed provided, inter alla, as follows:

“ 1. In special confidence and trust to hold said premises during the lives of all my children now living, and during the lives of all my grandchildren now living, "and for twenty years after the death of the last survivor of my said children and my grandchildren. ...”

“ 3. To pay the remainder of said income to me, the grantor, Isaac Pratt, Junior, during my life.

“ 4. Upon my death to pay said remainder of said income in manner, as follows: —

Said income is to be divided into as many equal shares as there shall be children of. mine living at my death, and issue of deceased children of mine, and widows of my sons having no issue by my sons living at my death, the collective issue of each deceased child of mine to represent one child, and take one share.

“ A. To pay one of "said shares of said income to my daughter, Ellen J. O. Phinney, during her life, and upon her death, to pay her said share of income to her children and the issue of any deceased children of hers, until the termination of this trust, as hereinbefore provided; the issue of one child to take one share. . ."

The trust deed further directed the payment of shares of income to Emily L. Pratt, wife of Isaac L. Pratt, son of the donor, as long as she shall be either the wife or widow of said Isaac L. Pratt, to David G. Pratt, Edmund T. Pratt and Marland L. Pratt during their lives, with provisions as to the payments of income after their respective deaths. It provided: “Should any one of the trusts hereinbefore created terminate before the time fixed for the termination of the entire trust, as hereinbefore provided, by reason of the death of all persons taking thereunder, or otherwise, in that event, the principal of such trust shall be divided and added pro rata to the remaining trust estates, and thereafter be disposed of, both principal and interest, as parts of said trust estates.” It also directed the payment of income to the several beneficiaries “ personally, and in no event to the husbands or the wives of the beneficiaries, nor in anticipation,” forbade the assign[170]*170ment of interests and prohibited the application thereof through legal proceedings in payment of the debts of eestuis que trust.

The second deed conveyed real estate in East Boston upon trusts like those expressed in the first deed, excluding, however, the donor’s son, Isaac L. Pratt and his issue, and making no provision for his wife. After the death of the donor the income under this trust became payable as follows: “ My son, Isaac Lowell Pratt, his widow, and his issue shall have no share in said remainder. Said remainder of said income is to be divided into as many equal shares as there shall be children of mine, other than said Isaac Lowell Pratt, living at my death, and issue of deceased children of mine, and widows of my sons having no issue, by my sons, living at my death, the collective issue of each deceased child of mine to represent one child and take one share, excluding said Isaac Lowell Pratt and his widow and issue, as aforesaid.” The provisions as to Ellen J. O. Phinney and as to the payment of income upon her death do not differ materially from those in the first deed.

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Related

Magill v. Magill
56 N.E.2d 892 (Massachusetts Supreme Judicial Court, 1944)
Fitts v. Powell
30 N.E.2d 397 (Massachusetts Supreme Judicial Court, 1940)
Boynton v. Boynton
266 Mass. 454 (Massachusetts Supreme Judicial Court, 1929)
Springfield Safe Deposit & Trust Co. v. Dunn
136 N.E. 622 (Massachusetts Supreme Judicial Court, 1922)

Cite This Page — Counsel Stack

Bluebook (online)
131 N.E. 304, 239 Mass. 167, 1921 Mass. LEXIS 1043, Counsel Stack Legal Research, https://law.counselstack.com/opinion/pratt-v-condon-mass-1921.