Stevens v. Shippen

28 N.J. Eq. 487
CourtNew Jersey Court of Chancery
DecidedOctober 15, 1877
StatusPublished
Cited by4 cases

This text of 28 N.J. Eq. 487 (Stevens v. Shippen) is published on Counsel Stack Legal Research, covering New Jersey Court of Chancery primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Stevens v. Shippen, 28 N.J. Eq. 487 (N.J. Ct. App. 1877).

Opinion

The Chancellor.

The questions presented for consideration on the hearing were, whether, under the resolution of congress, approved by the president July 17th, 1862, which, by its terms, released and conveyed the unfinished vessel known as the “ Stevens Battery ” to the “ heirs at law of Robert L. Stevens, deceased, or their legal representatives,” the title to that vessel passed to those heirs at law or their legal representatives, or to Edwin A. Stevens as his residuary legatee; and, if the title passed to Edwin A. Stevens as such legatee,, whether the gift of that vessel to the state of New Jersey, in and by the codicil to his will, was absolute or conditional, and the questions, whether the charitable gifts in the codicil are valid, and whether the birth of a child of the testator, after the making of the codicil, was a revocation of the devise of Castle Point and the testator’s homestead property •therein.

Edwin A. Stevens died in August, 1868. Hé left a will and a codicil thereto. The former is dated August 5th, 1865, and the latter April 15th, 1867. By the will, he gave all his property, after the payment of his debts and funeral expenses, to his wife and the children which he then had— John, Edwin, Robert, Mary, Julia and Carolina. By the codicil, he gives to his son Albert $100,000, to put him on an equality with the rest of the testator’s children, to each of whom he had, by the will, given the like sum. He adds that it is his will that every child he should thereafter have [522]*522should also be upon a like equality with the children which he had at that time, and that each child that might thereafter be born should be entitled to a like sum out of his estate. He gives to his wife for life his residence known as Castle Point and the homestead lot, and the houses thereon. He then directs his executors to divide Castle Point and the homestead lot, and the houses thereon, into four convenient plots, not necessarily of equal value, and directs that his wife shall .determine which one of his sons shall have the plot on which the mansion-house stands, and directs that the executors set off the other three plots to his other three sons; and adds that the estáte of his sons in their respective plots shall be a fee simple. He then directs his executors to purchase of the Hoboken Land and Improvement Company, and cause to be conveyed to his wife Martha B. Stevens, William W. Shippen and Samuel B. Bod, and to their heirs and assigns forever, to hold as joint-tenants and not as tenants in common, in trust, two school-house lots in Garden street, Hoboken, owned by them, as they were then fenced in, and the school-houses thereon, and all of the furniture and property of that company on those lots or in those school-houses; and gives to them, to be held in like manner, all his own right, title and interest in those lots, houses and property. The trust declared is to permit the city authorities of Hoboken (or such other authorities as shall at anytime have the legal power over the. common schools in the boundaries of that city, as those boundaries then were, and which were then possessed by the • city authorities of Hoboken) to use and occupy the property for the purposes to which they had been theretofore devoted, viz., to no other use or purpose than the furnishing there a free, plain and practical English education to such of the children resident within those boundaries, from time to time, as said authorities shall permit to go there for said purposes. He further gives to his wife and Messrs. Ship-pen and Bod, and to their heirs and assigns forever, to hold as joint-tenants and not as tenants in common, in trust, as [523]*523thereinafter declared, a block of land in Hoboken (excepting such interests therein, if any, as he might not own at the time of his death) and $150,000 in stock and railroad bonds, in trust, to erect, out of the proceeds of the personal property; upon that land, within two years after his death, a building or buildings suitable for the uses of an institution of learning, which he directs his acting trustee or trustees for the time being to establish there: they to employ, pay and discharge at discretion the officers, tutors and servants thereof, and forever to manage and control it at his, her or their discretion, but for the benefit, tuition and advancement in learning of youth residing from time to time thereafter within this state; the acting trustee or trustees for the time being, however, to decide, from time to time, who of said youth shall receive the benefit thereof, and to direct the tuition in the institution, and to make all proper by-laws, rules and regulations for the management of the officers, tutors, servants and scholars connected with the institution; the tuition, however, is not to be wholly free, except to such youth as the acting trustee or trustees shall direct; and, on the other hand, the cost of tuition of any youth is not to be wholly paid by him or her — the proportion of payment by each youth being left to the discretion of the acting trustee or trustees. He also gives to the trustees such sum of money, not exceeding $500,000, as they in their discretion may think necessary, to be invested and appropriated for the perpetual maintenance of the institution.

The testator empowered his executors, out of the residue of his estate (excluding Castle Point and the homestead lot and houses thereon) remaining after payment of his debts, the sum of $800,000 in legacies, and the appropriation of so much thereof as is necessary for the charitable bequests and devises, to apply not exceeding the sum of $1,000,000 to finish, on his general plans, as nearly as may be, in the discretion of his executors, the battery known as the Stevens Battery, and for the accomplishment of that object he gave to them the use of the dock and yards and basin theretofore [524]*524appropriated to the battery, and all the material provided for it. He further directed as follows: “When said battery shall be finished, I direct my executors to offer the same to the state of New Jersey as a present, to be disposed of as the said state shall deem proper; and if not accepted by the said state, I direct my executors to sell the same, and the proceeds thereof shall fall into the residue of my estate.” The testator subsequently gives the rest and residue of his estate, both real and personal, whatsoever and wheresoever the same may be, subject to the devises and bequests in the codicil, and of course excepting Castle Point and the homestead lot, and the houses thereon, to his wife and children, born and to be horn; each of his sons to have two shares, his wife two shares, and ■ each of his daughters one share.

The testator’s son Richard was born after the making of the codicil.

The executors are Mrs. Stevens and Messrs. Shippen and Hod.

The original hill was filed by Mrs. Stevens on the 23d of December, 1868, against Messrs. Shippen and Hod, her co-executors, and the attorney-general of this state, and Mary P. Garnett, a daughter of the testator, as one of the residuary legatees and heirs at law of the testator. It was designed to raise the question as to the validity of the gifts for charitable purposes and of the gift of the battery. One of the objections raised by that hill to the latter was based on the provision of the constitution of the United States, that no state shall, without the consent of congress, keep ships of war in time of peace. The defendants answered the bill, and replication was filed April 21st, 1869. Subsequently congress, by resolution of July 1st, 1870, consented that the state receive and dispose of the battery. On the 11th of September, 1871, Mrs.

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Cite This Page — Counsel Stack

Bluebook (online)
28 N.J. Eq. 487, Counsel Stack Legal Research, https://law.counselstack.com/opinion/stevens-v-shippen-njch-1877.