Safe Deposit & Trust Co. v. Independent Brewing Ass'n

96 A. 617, 127 Md. 463, 1916 Md. LEXIS 13
CourtCourt of Appeals of Maryland
DecidedJanuary 13, 1916
StatusPublished
Cited by16 cases

This text of 96 A. 617 (Safe Deposit & Trust Co. v. Independent Brewing Ass'n) 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. Independent Brewing Ass'n, 96 A. 617, 127 Md. 463, 1916 Md. LEXIS 13 (Md. 1916).

Opinion

Briscoe, J.,

delivered the opinion of the Court.-,

This is an attachment proceeding, issued out of the Superior Court of Baltimore City, on the 1st day of March, 1915, on a foreign judgment obtained in the District Court for the Eleventh Judicial District of the State of Minnesota by the' plaintiff against the defendants and laid in the hands of the Safe Deposit and Trust Company of Baltimore, trustee, as garnishee of the defendants, Charles B. Burt and Catherine Davis Burt, his wife, non-resident debtors of the State of Maryland.

The garnishee appeared and moved to quash the attachment upon the ground that the defendants had no attachable interest in the property mentioned in the proceedings or in the hands of the garnishee, as trustee.

On the 7th of May, 1915, the attachment was dismissed by the appellee as to Charles B. Burt, but the motion as to Catherine D. Burt, the other defendant, was overruled. Thereafter, the case was tried upon the plea of nulla bona, and a second plea, that the income of the defendant in the trust estates in its hands as trustee, under the wills of the testator and testatrix is payable only to her during her life, after the death of her husband, who is at this time alive, and that the interest of the defendant therein is not subject to attachment.

The replication filed to these pleas asserts that the garnishee on the day of laying the attachment in its hands had to the value of the sum of $830.19/100 in the writ of attachment-specified of the goods, chattels and credits of the defendant in its hands, etc.

*465 The case was tried upon the pleadings, an agreed statement of facts, and certain, exhibits filed therewith and from a judgment of condemnation to the extent of $1,093.47, and costs, against the interest of the defendant in and to property held by the garnishee, as trustee, this appeal has been taken.

The questions in the case are raised upon a single exception, and that is to the refusal of the Court to grant the following prayer, offered on behalf of the garnishee and the defendant, Catherine D. Burt: “The garnishee prays the Court to rule as a matter of law that under the pleadings, the agreed statement of facts and the exhibits in this case the defendant, Catherine Davis Burt, has no attachable interest in any property, funds, goods or chattels now held by the Safe Deposit and Trust Company of Baltimore as trustee under the wills of Alfred P. Burt and Mary E. Burt, and therefore the plaintiff is not entitled to a judgment of condemnation.”

The ruling on this exception presents the important question in the case, and we shall first consider whether there was error in refusing this prayer. If, as a matter of law, the defendant Catherine D. Burt, under the facts disclosed by the record, had no attachable interest in the property held by the garnishee company, then the plaintiff was clearly not entitled to a judgment of condemnation, and the prayer should have been granted and not refused.

It is conceded that the interests of Charles B. Burt under the wills of Mr. and Mrs. Burt are not liable to attachment, and can not be reached by his creditors by any process either at law or equity, because by the plain terms of both wills, the right to the enjoyment of the income in the hands of the trustee shall be to the exclusion of creditors. Smith v. Towers, 69 Md. 88; Reid v. Safe Deposit Co., 86 Md. 467; Brown v. Macgill, 87 Md. 162; Jackson Square L. & S. Assoc’n. v. Bartlett, 95 Md. 661.

Coming, then, to the interest of Mrs. Burt, we think it is clear from the language of the will of the testator (and it *466 was agreed for the purposes of this case that the two wills were the same as to the interest), that the defendant, Mrs. Burt, took an equitable contingent remainder for life under both wills, and that this interest in the hands of the trustee was not subject to attachment.

By the fourth clause of the testator’s will it will be seen that he left all the rest and residue of his property to the appellant company, in trust, for the uses and purposes set out therein. After the death of his wife, who is now dead, he provides as follows:

“And from and immediately after the death of my said dear wife, subject of said annuity to my sister for life as aforesaid, in trust to, * * * pay into the hands of each of my sons, Charles B. Burt and Henry T. Burt, one equal fourth part of the net income derived from said trust property, or apply the same to the support, and maintenance of my said sons respectively or to the support and maintenance of themselves and their wives and children, as, in the judgment of said trustee or its officers, or its successors in trust, shall be most promotive of their best interests; .but in no event shall the share of said net income so devised for the use of my said two sons, Charles and Henry and their families, be subject to the order of my said two sons, nor either of them, nor shall any assignee or grantee of theirs .or either of them be entitled to demand or receive their said shares of said net income, nor shall the same at any time be subject to or liable for the payment of any debt or obligation which my said two sons, Charles and Henry, or either of them, shall at any time owe, contract or be under, or liable to attachment therefor; but the same shall be alone payable, by said trustee and its successors, to them personally and individually, or applied to the support and maintenance of themselves, their wives and children as aforesaid, in the discretion of said trustee or its successors; and from and immediately after the death of my said son, Charles, in trust to pay out of the net income of the *467 portion of my estate devised in trust for my said son, Charles, one-half thereof to Catherine D. Burt, wife of my said son Charles, for and during the term of her natural life, and one-half thereof to the child, children or descendants of my said son Charles, liv-ing at the time of his death; and from and immediately after the death of said Catherine B. Burt, in trust to pay and distribute to the child, children and descendants of said Charles living at that time, if any, said one-fourth part of said whole trust property, absolutely, to be equally divided amongst them if more than one, share and share alike, the child or children of any deceased child or children of my said son Charles, to take the share or portion to which its or their parent would have been entitled to if living.”

And by the will of Mrs. Burt it is provided:

“And from and immediately after the death of my son Charles B. Burt, leaving his present wife Catherine Burt, surviving him, in trust to pay one-half of the third of said income theretofore payable to my son Charles, unto his said wife, for and during her natural life, and for that purpose retain a sufficient part of said trust property.

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Bluebook (online)
96 A. 617, 127 Md. 463, 1916 Md. LEXIS 13, Counsel Stack Legal Research, https://law.counselstack.com/opinion/safe-deposit-trust-co-v-independent-brewing-assn-md-1916.