St. Louis Union Trust Co. v. Clarke

178 S.W.2d 359, 352 Mo. 518, 1944 Mo. LEXIS 517
CourtSupreme Court of Missouri
DecidedFebruary 7, 1944
DocketNos. 38448, 38449 and 38450.
StatusPublished
Cited by18 cases

This text of 178 S.W.2d 359 (St. Louis Union Trust Co. v. Clarke) 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
St. Louis Union Trust Co. v. Clarke, 178 S.W.2d 359, 352 Mo. 518, 1944 Mo. LEXIS 517 (Mo. 1944).

Opinion

*535 TIPTON, J.

This is an action by the St. Louis Union Trust Company and Allen C. Orrick, as successor trustees of the estate of Hazlett Kyle Campbell, deceased, asking the court to instruct them as to their title, powers, and duties in respect to the trust estate, and to construe a deed of settlement of 1877 executed by Robert Campbell and Virginia Campbell, Ms wife, to Thomas T. Gantt and David Ranken as trustees for Hugh Campbell, Jr., Hazlett K. Campbell, and James A. Campbell; a trustee deed of June 12, 1885, executed by Gantt and Ranken to James Campbell, trustee for Hazlett Campbell; and also, a declaration of trust dated 'July 6, 1885, involving the same parties. The last two instruments were executed in compliance or attempted compliance with the deed of settlement of 1877. The petition, also, asked the court to determine and declare the validity of these conveyances and the nature of the titles vested in the trustees and the beneficiaries thereunder, and to determine and declare the identity of the. person to whom and proportions in which the trust estate is to be distributed. The appellant, Thomas R. Madden, was appointed administrator of the estate of Hazlett Kyle Campbell by the Probate Court of the City of St. Louis.

The various contentions in these appeals primarily involve the construction of the deed of settlement of 1877. This deed may be summarized as follows:

On February 14, 1877, Robert Campbell and Virginia Campbell executed this deed of settlement of 1877 by conveying to Thomas T. Gantt and David Ranken, as parties of the second part, all property belonging to the grantors in trust, and Hugh Campbell, Jr., Hazlett K. Campbell, and James A. Campbell were named as parties of the third part. The conditions of the trust were, first, that the parties of the second part were to hold the property for Robert Campbell for his natural life and to such uses as Robert Campbell may by deed of appointment or will direct (Robert Campbell never exercised such power of appointment); and in default of such appointment, the parties of the second part were to hold the property in the following manner: Some personal property not involved in these appeals was given absolutely to Virginia, and the use of the family residence for her life was also given her; the residue of the property conveyed to' the parties of the second part was left in the possession, control, and management of Virginia and Hugh Campbell, Jr., for the common use and benefit of Virginia and Hugh Campbell, Jr., Hazlett K. Campbell, and James A. Campbell, and that Virginia and Hugh *536 were to act as guardians and curators of, Haziett and James until March 16, 1885. Up to that time, neither Haziett nor James was to have any power of alienating, encumbering, or charging any share or interest in the estate, “and until that time no interest or estate therein or thereto shall vest in them or either of them.” The deed, also, provided that in the event either Haziett or James married or went into business, Virginia and Hugh at their discretion could advance to Haziett or James the sum of $25,000 prior to March 16, 1885, and charge interest to that date, (however, neither Haziett nor James married or went into business) and “if\on or before the sixteenth day of March, Eighteen and Eighty-five, no misconduct or irregularity of life should appear in the said Haziett K. Campbell and James A. Campbell or either of them and no unforeseen misfortune or visitation of Providence which in the judgment of the said Virginia J. Campbell and Hugh Campbell, Jr., (to whom and to the survivor of whom is committed the power of determining and existence of such misconduct, irregularity, unforeseen misfortune, or visitation of Providence) will render it inexpedient to vest in the said Haziett E. Campbell or James A. Campbell a full share” of the said estate, then Virginia and Hugh shall cause to be divided into four parts, as nearly equal as possible, the property held by the parties of the second part and it shall be awarded by lot. “And thereupon the said parties of the second part . . . shall execute fit deeds conveying to the said Virginia J., Hugh, Haziett K., and James A. Campbell, respectively, in fee simple absolute the shares and parts to them respectively awarded.” But if “Virginia J. Campbell and Hugh Campbell, Jr., or the survivor of them shall be of opinion that in contemplation of misconduct or irregularity of life on the part of the said Haziett E. Campbell and James A. Campbell or either of them, or in view of unforeseeh misfortune or visitation of Providence occurring to them or either of them . . . it is inexpedient that an equal fourth part of said real and personal estate should be conveyed to and vest in the said Haziett E. Campbell and James A. Campbell, or either of them, then the said Virginia J. Campbell and Hugh Campbell, Jr., or the survivor of them shall by deed direct and appoint in what manner degree and terms the one equal fourth part of said real and personal estate shall be by conveyance and assignment of the said parties of the second part vested in the said Haziett E. Campbell and James A. Campbell or either of them directly,” and the same powers were given as to the remainder in reference to their families. The deed then directs that the parties of the second part shall by deed and assignment complete whatever disposition, settlement, and limitation Virginia and Hugh or the survivor of them may by deed declare in respect of the mode, degree, terms, and trust in which Haziett and James shall take respectively the one equal fourth part of the real estate. The making of the deeds and convey *537 anees contemplated by the provisions of this deed oh March 16, 1885, shall be on their part a full performance of the trust in them hereby reposed and vested. In the event of the death of Hazlett, James, or Hugh unmarried and intestate prior to March 16; 1885, the share of the such deceased shall be added to the share of the survivors. “But the said Virginia J. Campbell may at any time by deed or will dispose of her share, being one equal undivided fourth part of said real and personal Estate and a like power is also given to the said Hugh Campbell, Jr., and no such power of alienation or encumbrance shall exist in the said Hazlett K. Campbell and James A. Campbell until the sixteenth day of March in the year Eighteen hundred and Eighty-five (1885) nor then except as to the estate or interest to them directly conveyed as herein before provided. ’ ’ The deed then provided that “The net income as may be needed for the maintenance, support, and education of the said Hazlett K. Campbell and James A. Campbell and the keeping up of the establishment and homestead of the said Virginia J. Campbell as to her shall seem meet and expedient and if there be a residue of income not needed for these purposes, that the said Virginia J. Campbell and Hugh Campbell, Jr., shall according to their best judgment invest the same for the common benefit of themselves and the said Hazlett K. Campbell and James A. Campbell.”

When the deed of settlement was exeeutedj Robert 'Campbell’s family consisted of his wife, Virginia, and his three sons, Hugh, Jr., Hazlett K., and James A.

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Behrens v. United States
59 F.4th 1339 (Federal Circuit, 2023)
Abbott v. United States
Federal Claims, 2022
Boatmen's Trust Co. v. Sugden
827 S.W.2d 249 (Missouri Court of Appeals, 1992)
Marvin F. Hall Trust v. Hall
810 S.W.2d 710 (Missouri Court of Appeals, 1991)
Davison v. Duke University
194 S.E.2d 761 (Supreme Court of North Carolina, 1973)
Schuermann Enterprises, Inc. v. St. Louis County
436 S.W.2d 666 (Supreme Court of Missouri, 1969)
Tompkins v. Carpenter
341 S.W.2d 866 (Supreme Court of Missouri, 1960)
In Re Tompkins'estate
341 S.W.2d 866 (Supreme Court of Missouri, 1960)
Rand Trust v. Commissioner
1960 T.C. Memo. 216 (U.S. Tax Court, 1960)
Kammerer v. Missouri Valley College
327 S.W.2d 270 (Supreme Court of Missouri, 1959)
In Re Sidebottom's Estate
327 S.W.2d 270 (Supreme Court of Missouri, 1959)
Mercantile Trust Co. v. Kilgen
298 S.W.2d 387 (Supreme Court of Missouri, 1957)
Glidewell v. Glidewell
230 S.W.2d 752 (Supreme Court of Missouri, 1950)
St. Louis Union Trust Co. v. Fitch
190 S.W.2d 215 (Supreme Court of Missouri, 1945)
Funsten v. Commissioner of Internal Revenue
148 F.2d 805 (Eighth Circuit, 1945)

Cite This Page — Counsel Stack

Bluebook (online)
178 S.W.2d 359, 352 Mo. 518, 1944 Mo. LEXIS 517, Counsel Stack Legal Research, https://law.counselstack.com/opinion/st-louis-union-trust-co-v-clarke-mo-1944.