Putnam v. Lincoln Safe Deposit Co.

66 A.D. 136, 72 N.Y.S. 968
CourtAppellate Division of the Supreme Court of the State of New York
DecidedNovember 15, 1901
StatusPublished
Cited by6 cases

This text of 66 A.D. 136 (Putnam v. Lincoln Safe Deposit Co.) is published on Counsel Stack Legal Research, covering Appellate Division of the Supreme Court of the State of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Putnam v. Lincoln Safe Deposit Co., 66 A.D. 136, 72 N.Y.S. 968 (N.Y. Ct. App. 1901).

Opinion

Chase, J.:

The decisions of the courts of the State of testator’s domicile, as well as the decisions of the courts of this State, hold that the intention of the testator is the polar star to guide in the construction of wills, and that such intention is to be found in the language contained in the four corners of the will. (Collins v. Collins, 40 Ohio St, 353.) .And in its construction the intention of the testator as gathered from' the whole will must control when such intention is not in conflict With public policy (Carter v. Reddish, 32 Ohio St. 1), the settled rule of law (Thomas on Law of Estates Created by ‘ Will, vol. 2, 1645) or some prohibitive statute.

The two years’ period allowed to the executors under the' 21st clause of the will, in which they may hold the residuum for investment before division, is an' incident to the convenient settling of a large estate. (Robert v. Corning, 89 N. Y. 225.) The law of the domicile must prevail in the interpretation of wills (New York Life Ins. & Trust Co. v. Viele, 161 N. Y. 11), and the decree of the Court of Common Pleas of Hamilton county is binding upon the courts of this State. (Smith v. Central Trust Co., 154 N. Y. 333.) That court has held that the title to the property of Robert M. Shoemaker, deceased, vested in the legatees living at the testator’s death.

The important .question for this court to consider is whether John E. Putnam, as trustee for the benefit of his wife' and her children, took the title to one-fifth of the residue of the estate of testator, or whether the title thereto vested -in .Mary S. Putnam, leaving John E. Putnam merely a passive trustee without authority to do any effective act. In considering testamentary provisions the Ohio courts have gone even further than the courts of this State in upholding trusts for the benefit of remainder interests. In Johnson v. Johnson (51 Ohio St. 446) the will of testator provided : “I give and devise unto my beloved wife, Mary Ann A. Johnson,, and her assigns all the remainder of my property, both real and personal, [145]*145however the same may be known or wheresoever the same may be situate, with full power to bargain, sell, convey, exchange^ or dispose of the same as she may think proper, but if at the time of her decease any of my said property shall remain unconsumed, my will is that the same be equally divided between my brothers and sisters and their children, if deceased, the children to have the same amount the parent would be entitled to if living.” Held, that the widow took a life estate only, and that she was by implication a quasi trustee for those in remainder, and the interest of the brothers and sisters of the testators in the unconsumed property was a vested right which could not be destroyed by the act of the widow in disposing of the property by gift to a third party or otherwise than for her support or the benefit of the estate. To a similar effect are. the decisions in Huston v. Craighead (23 Ohio St. 198); Baxter v. Bowyer (19 id. 490); Watts v. Watts (38 id. 480), and other cases.

In Ide’s Executors v. Clark (5 Ohio Cir. 239) the mere words Should my wife die * * * I desire that her estate and mine be * * * divided equally among our several children,” following after an absolute gift to the wife, were held to create a trust. The court said: Controlling effect is due to the intention of the testator, and that intention must be gathered from the entire will. " Where from the entire scope of a will and all of its terms it appears that the testator intended to charge the estate in the hands of his immediate devisee with a trust in favor of others, the court will give effect to that intention whether the terms be in form dis-positive, peremptory or precatory only.”

In Boyd’s Lessee v. Talbert (12 Ohio, 212) the will contained an absolute devise to the wife, but in another clause were directions to the executors to lease, and, after paying taxes and ground rents, to pay the proceeds to the wife. It was held that the executors took the title charged with a trust in favor of the wife.

The head note in Greene v. Greene (38 Ohio Wkly. Law Bul. 205) is as follows: “A provision in a will by which the testator gives to his wife, her heirs and assigns, his whole estate to use, enjoy and dispose of as she shall deem best, any remainder thereof at her death to be divided between the children, share and share alike, gives a life estate to the widow only, without the power of testamentary [146]*146disposition of the estate on her death.” This decision was affirmed in 57 Ohio State, 628, .on the authority of Johnson v. Johnson (supra).

In Morse v. Morse (85 N. Y. 53) the court, in discussing what is necessary to a valid trust, say : “ It is not essential that the words ‘ trust ’ or trustee ’ should be used, or that there should be a direct devise in terms to the trustee, or that the authority to receive the rents and profits should be conferred in express language. It is sufficient if the intention to create a trust under the statute can be fairly collected from the instrument, and what is implied from the language used is, as in other instruments, deemed to be expressed. Nor will" the instrument necessarily fail as a trust, because the authority given could be executed by the creation of a mere power in trust.” (See Donovan v. Van De Mark, 78 N. Y. 244; Cass v. Cass, 15 App. Div. 235.)

In Howland v. Clendenin (134 N. Y. 305) .testator devised and bequeathed all of his property to his eight children, naming them, and to their respective heirs, executors, administrators and assigns forever, to be divided equally between them, share and share alike. it A subsequent provision of the will provided : “ And with regard to the portions of my daughters,, my will and direction are that my said executors, and the survivors and survivor of them be, and I hereby constitute them and him the trustees and trustee of the portions of my said daughters respectively, during their respective natural lives; and I hereby give and bequeath the same to my said executors and the survivors and survivor of them accordingly, in trust for my said daughters,. respectively. * * ” . Held, that while the language of the earlier provision of the will, standing alone, would have given an absolute estate to the daughters, the whole, read together, gave simply a life estate to each daughter,- and the portion of one dying without issue was not disposed of, but would go to the heirs at law and' next of kin of the testator.

In Felter v. Ackerson (35 App. Div. 282) the testator gave his residuary estate to his children, naming them, " To be divided equally between them, share and share alike.” By a subsequent provision of the will he directed that the shares to be given to two of the children named be held in trust for them, and that H. act as ., trustee of said property and pay over to said children the respective [147]*147incomes derived therefrom. Held, that notwithstanding that there was no express devise or bequest to the trustee, a valid trust was created in each of the shares of the sons so named to continue during their respective lives.

By the 18th paragraph of the will now before us the testator named a trustee, John B.

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Putnam v. Lincoln Safe Deposit Co.
39 Misc. 738 (New York Supreme Court, 1903)

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Bluebook (online)
66 A.D. 136, 72 N.Y.S. 968, Counsel Stack Legal Research, https://law.counselstack.com/opinion/putnam-v-lincoln-safe-deposit-co-nyappdiv-1901.