St. Louis Union Trust Co. v. Hamilton

235 S.W.2d 241, 361 Mo. 548, 1951 Mo. LEXIS 542
CourtSupreme Court of Missouri
DecidedJanuary 8, 1951
Docket41735
StatusPublished
Cited by14 cases

This text of 235 S.W.2d 241 (St. Louis Union Trust Co. v. Hamilton) 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. Hamilton, 235 S.W.2d 241, 361 Mo. 548, 1951 Mo. LEXIS 542 (Mo. 1951).

Opinion

HOLLINGSWORTH, J.

[ 242] This action was brought by St. Louis Union Trust Company for construction of a trust indenture in which it was trustee, and for directions as to distribution of the corpus and certain accumulated income of the trust estate. Two of the named beneficiaries were German nationals residing in Germany, and the Attorney General, as successor to their interests under the Trading with the Enemy Act, was included as a defendant. The amount in dispute exceeds $7500.

The trial resulted in a judgment adverse to the contentions of the Attorney General as to the extent of the accumulated income and corpus of the estate payable to him as successor in interest as aforesaid, and he has appealed. The ultimate questions for determination are the distribution of certain income set apart by the trustee to the account of Ernst Herf prior and subsequent to his death and the amount of undistributed income and corpus of the estate payable to the Attorney General by reason of the death of two German nationals, said Ernst Herf and Erna Hessel Koester, without descendants.

The trust was created on December 15, 1923, by written Indenture of Trust, wherein Oscar Herf, as donor, conveyed certain bonds and stocks of a designated par value of $461,000 to St. Louis Union Trust Company as trustee “for the benefit of his relatives named herein”. At that time Oscar Herf (hereinafter referred to as settlor) was and so' remained until his death a childless widower. His blood relatives consisted of the children and grandchildren of a brother, Carl Jacob Ernst Herf, who had died in the year 1900, to-wit:

(1) Oscar Herf, a son of Carl Jacob, had died on November 5, 1917. He was survived by his wife, Bertha, and two children, Doris Herf and Ludwig Herf. Ludwig Herf’s name was afterwards changed to Fred S. Hamilton.

(2) Fritz Herf, and his two children, Ernst Herf and Gisela Herf Frei.

(3) Helia Herf Hessel, and her two children, Sigrid Hessel and Erna Hessel Koester.

(4) Maria Herf Boelitz, and her two children, Otto Boelitz and Liselotte Boelitz Kayser.

The trust indenture provided for the accumulation of the entire trust income until the death of the settlor. Thereafter, for the duration of the trust, one-fourth of .the income was to be accumulated, and three-fourths to be “distributed in equal quarterly or other convenient instalments as follows:

*553 “(a) One-fourth [of three-fourths] thereof shall be paid over and distributed unto Bertha Herf, the widow of the Donor’s deceased nephew, Oscar Herf, while she remains single and unmarried, or [243] if she does not remarry, then until the termination of this trust, or until the date of her prior death, and from and after the date of her remarriage or death during the existence of this trust, her share in the income arising from the trust estate shall be paid over and distributed unto the descendants of the Donor’s deceased nephew, Oscar Herf, in equal shares per stirpes, until the termination of this trust as hereinafter provided, or if there shall be no such descendants of him then living, then such income shall be paid over and distributed unto the other beneficiaries hereinafter named in paragraph (b) hereof who may then be living, and unto the descendants of any of them who may have died prior to such time, in equal shares per stirpes, until the termination of this trust as hereinafter provided.
“(b) The remaining three-fourths [of three-fourths] of such net income shall be paid over and distributed in equal shares unto Donor’s nieces, Maria Boelitz and Helia Hessel, and the Donor’s nephew, Fritz Herf, until the termination of this trust as hereinafter provided, or until the date of their respective deaths, and from and after the death of any of the said beneficiaries during the existence of this trust, their respective shares in the income arising from the trust estate shall be paid over and distributed in equal shares per stirpes unto .their respective descendants until the termination of this trust as hereinafter provided; or if any of the said beneficiaries of this trust shall die prior to its termination without descendants him or her surviving, then the share of such deceased beneficiary so dying without descendants him or her surviving, in the income arising from the trust estate shall be paid over and distributed unto the other beneficiaries herein named in paragraph (b) hereof, and unto the descendants of any such beneficiaries who may have died prior to such time, in equal shares per stirpes, until the termination of this trust, including, however, in such distribution, the said Bertha Herf, if then living, while single and unmarried, or if she shall then be married or dead, then including the descendants of the Donor’s deceased nephew, Oscar Herf, .in such distribution. ’ ’

Upon termination of the trust, which, in accordance with provisions of the indenture, occurred on December 31, 1946, distribution was directed in the following language, the construction of which is here the principal issue:

“ * * * the entire corpus of the trust estate and undistributed income shall be paid over and distributed unto Fritz Herf, Ernst Herf, Gisela Herf, Bertha Herf if single and unmarried, Ludwig Herf, Doris Herf, Maria Boelitz, Otto Boelitz, Liselotte Boelitz, Helia Hessel, Erna Hessel (Mrs. Koester), and Sigrid Hessel, and unto the der *554 scendants of such of them as may have died prior to such time, in equal shares per stirpes, free from trust; provided, however, if the ■said Bertha Herf shall then be married or dead, the share which she would have received in the corpus of the trust estate and undistributed income shall be paid over and distributed unto the descendants of the Donor’s deceased nephew, Oscar Herf, in equal shares per stirpes, free from trust, or if there shall be no such descendants, then unto the other beneficiaries herein named then living, and unto the descendants of any of the said beneficiaries who may have died prior to such time, in equal shares per stirpes, free from trust.
“If the said Bertha Herf shall marry or die, and all of the other beneficiaries herein named shall die, prior to the termination of this trust, without descendants of the Donor’s deceased nephew, Oscar Herf, or descendants of any of the other beneficiaries herein named living upon the termination of this trust, so that there shall be a complete failure of beneficiaries hereunder, then the corpus of the trust estate and undistributed income shall be paid over and distributed in equal shares unto Barnes Hospital, of St. Louis, Missouri, and the Lutheran Hospital, at 2646 Potomac Street, St. Louis, Missouri, free from trust.”

In the final section of the trust indenture settlor provided that no beneficiary of the trust should be able “to assign, pledge [244] or otherwise anticipate any income or equitable interest” under the trust, and further that the shares should not be subject to claims of creditors.

Oscar Herf, the settlor, died testate on March 1, 1928. His will, executed on July 14, 1926, was duly admitted to probate and letters testamentary were issued to St. Louis Union Trust Company as executor.

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

Related

Rouner v. Wise
446 S.W.3d 242 (Supreme Court of Missouri, 2014)
Theodore Short Trust v. Fuller
7 S.W.3d 482 (Missouri Court of Appeals, 1999)
Rehm v. Pulling
625 S.W.2d 241 (Missouri Court of Appeals, 1981)
Ratermann v. Ratermann
405 S.W.2d 891 (Supreme Court of Missouri, 1966)
Mercantile Trust Company v. Hammerstein
380 S.W.2d 287 (Supreme Court of Missouri, 1964)
First National Bank of Kansas City v. Hyde
363 S.W.2d 647 (Supreme Court of Missouri, 1962)
Commerce Trust Company v. Weed
318 S.W.2d 289 (Supreme Court of Missouri, 1958)
Uphaus v. Uphaus
315 S.W.2d 801 (Supreme Court of Missouri, 1958)
Mercantile Trust Co. v. Kilgen
298 S.W.2d 387 (Supreme Court of Missouri, 1957)
McDougal v. McDougal
279 S.W.2d 731 (Missouri Court of Appeals, 1955)
Taylor v. Hughes
251 S.W.2d 94 (Supreme Court of Missouri, 1952)

Cite This Page — Counsel Stack

Bluebook (online)
235 S.W.2d 241, 361 Mo. 548, 1951 Mo. LEXIS 542, Counsel Stack Legal Research, https://law.counselstack.com/opinion/st-louis-union-trust-co-v-hamilton-mo-1951.