Safe Deposit & Trust Co. v. Hutton

149 A. 689, 159 Md. 50, 1930 Md. LEXIS 87
CourtCourt of Appeals of Maryland
DecidedApril 11, 1930
Docket[No. 7, January Term, 1930.]
StatusPublished
Cited by3 cases

This text of 149 A. 689 (Safe Deposit & Trust Co. v. Hutton) is published on Counsel Stack Legal Research, covering Court of Appeals of Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Safe Deposit & Trust Co. v. Hutton, 149 A. 689, 159 Md. 50, 1930 Md. LEXIS 87 (Md. 1930).

Opinion

Pattison, J.,

delivered the opinion of the Court.

The appeal in this case is from an order of the Circuit Court No. 2 of Baltimore City, overruling a demurrer to the amended bill of complaint, filed by the appellee, Reginald W. Hutton, against the appellant, the Safe Deposit and Trust Company of Baltimore, trustee.

The bill alleged the execution of a will by Celeste M. W. Hutton on the 21st day of June, 1919, and a codicil thereto on the 17th day of November, 1922, and in the bill are set out in full the fifth and seventh items of the will, and with it were filed, '*s parts thereof, copies of both the will and codicil.

*52 Item five devised to testatrix’s son, Reginald W. Hntton, certain lands known as “Crimea” for life, with power to sell and convey the whole or any part thereof, with the written consent of the Safe Deposit and Trust Company, trustee:

“And from and after the death of my said son, I give and devise the above-mentioned lands known as ‘Crimea,’ or such part thereof -as may not have been sold and conAreyed by my said son during his lifetime, as hereinbefore authorized, to such persons or objects as my said son shall limit and appoint by his last will and testament executed according to- the laws of Maryland, after he -attains the age of thirty years, full power and authority being hereby given to him to make and execute such last will and» testament; and in case my said son does not exercise such power of appointment or in so far as his said will shall fail to operate upon said lands, then I give and devise the same -to- the -child, children and descendants of my said son living at the time of his death per stirpes and not per capita; and -should my said son die Avitho-ut descendants surviving him and without having exercised such power of aj>pointment or in so far as his will may fail to operate thereon, then I give and devise the same to his sisters and the children of a deceased sister then living per stirpes and not per capita

Item seven devised and bequeathed all the rest and residue of testatrix’s property and estate to the Safe Deposit and Trust Company of Baltimore, in trust, and, of the net income therefrom, each o-f the testatrix’s two- daughters was to re *53 ceive one-third for life, and her son Keginald W. Ilutton was. to receive one-third thereof “until the termination of the trusts hereinafter created and declared respecting my son’s share of the corpus.” To each of the daughters, power was. given to dispose of her interest by will and, upon her failure to exercise that power, provision was made for the disposition of her interest in said rest and residue of the estate. Then follows the provision as to the ultimate disposition of the son’s share in said rest and residue of the estate, which is as follows:

“And I further will and direct that should my said son attain the age of thirty-five years, my said trustee may from time to time, after my said son reaches said age, pay over and deliver to him the remaining onethii*d of the corpus or principal of the trust estate as may then be in possession of my said trustee, or such part or parts thereof as my said son may from time to time, after he reaches said age of thirty-five years, in writing designate, and in further trust to pay over and deliver so much and such part of the said one-third of the corpus or principal of the trust estate as may not have been paid over to my said son after he arrives at the age of thirty-five years, as hereinbefore authorized, to and for the use of such person or persons and such purposes as he, my said son, may limit and appoint by his last will and testament, duly made and executed according to the laws of the State of Maryland, after he attains the age of thirty years, full power and authority being hereby given my said son to make and execute such last will and testament, should,, however, my said son depart this life leaving a child or children or descendants of a deceased child or children surviving him, then I will and direct that the whole or such part of said one-third of the corpus or principal of the trust estate, and in the hands or possession of my trustee at the death of my said son, and which may not be affected by his last will and testament executed as aforesaid, shall, upon the death of my said son, be *54 paid over and delivered by my trustee free, clear and discharged of any and all trusts created by my will to the child or children and the descendants of a deceased child or children of my said son, who may survive him, per stirpes and not.per capita,, but should my said son depart this life without leaving a child or children or descendant of a deceased child or children surviving him, then I will and direct that the whole or such part of said one-third of the corpus or principal of the trust estate then remaining in the'hands or j>ossession of my trustee and which may not be affected by his last will and testament executed as aforesaid, shall, upon the death of my said son be paid over by my trastee, free, clear and discharged of any and all trusts created by my will, to his surviving sister 'and the descendants of a deceased sister per stirpes and not per capita.
“And I do hereby will and direct that my trustee shall as soon as may be convenient after my death appraise and value my estate known as ‘Crimea/ together with the said lot on Franklin Turnpike Road and improvements formerly occupied as a toll gate house and my estate known as ‘Alexandroffsky’; whereupon my said trustee is hereby authorized, empowered and directed to deduct from and retain out of the share of my estate held in trust for my said son such sum as. may be the difference between one-third of the combined value so ascertained of ‘Crimea’ and said toll gate house property and ‘Alexandroffsky’ and the value so ascertained of ‘Crimea’ and said toll gate house property, and to that extent reduce the share of my residuary estate held in trust for my son as above set forth. The amount so deducted from my son’s share of my residuary estate is to be retained by my trustee and held upon the same trusts and for the same persons and purposes and subject to the same rights and powers of my said daughters respectively in and over the same, principal and income, as are hereinbefore mentioned and declared respecting my daughter’s shares respectively of the rest and residue of my estate.

*55 Then followed the codicil, which is as follows:

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Bluebook (online)
149 A. 689, 159 Md. 50, 1930 Md. LEXIS 87, Counsel Stack Legal Research, https://law.counselstack.com/opinion/safe-deposit-trust-co-v-hutton-md-1930.