Taylor v. United States National Bank

436 P.2d 256, 248 Or. 538, 30 A.L.R. 3d 849, 1968 Ore. LEXIS 703
CourtOregon Supreme Court
DecidedJanuary 17, 1968
StatusPublished
Cited by13 cases

This text of 436 P.2d 256 (Taylor v. United States National Bank) is published on Counsel Stack Legal Research, covering Oregon Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Taylor v. United States National Bank, 436 P.2d 256, 248 Or. 538, 30 A.L.R. 3d 849, 1968 Ore. LEXIS 703 (Or. 1968).

Opinion

LUSK, J.

We are called upon in this case to construe a prenuptial agreement.

Maudie A. Taylor, widow of Henry B. Taylor, deceased, filed a petition in the probate court for an order directing the executor of her late husband’s estate to pay to her the sum of $650 per month for a period of one year subsequent to April 29, 1966, to be used for the support of the petitioner and to allow her to continue in possession rent-free of the dwelling of the decedent for a period of one year from his death.

The defendant executor pleaded the prenuptial agreement as a bar and the court, after a hearing, granted the relief sought by the widow except that it ordered the executor to pay her $6,000 as a lump sum instead of monthly payments as prayed for. The executor appeals.

There is little, if any, dispute about the facts. The decedent, commonly known as “Ben” Taylor, was married to the petitioner on December 1, 1954. He was then 70 and she was 62 years of age. He had been married three times previously and she once. He had two children by a prior marriage and she had one child by her prior marriage. All these children had attained their majority.

Ben Taylor was worth approximately one million *540 dollars at the time of the marriage. Maudie’s assets amounted to sixteen thousand dollars. They had known each other for about 25 years and at the time he proposed marriage he told her that he had had trouble with two of his former wives, that they had sued him and he wanted her to sign something.

The prenuptial agreement was prepared by the late Wilber Henderson, Ben’s attorney, and signed in his office on the day of the marriage. The widow testified that Mr. Henderson read the agreement to' her before she signed it, though she said there were many words in it she did not understand. There is no contention here, however, that the agreement was obtained by overreaching or fraud. The only controversy is about the construction of the agreement.

The marriage lasted until Ben’s death on December 8, 1965. He left a will which contained no provision for his widow, except that he bequeathed her the household furniture pursuant to the ante-nuptial agreement.

The body of the ágreement, in which Ben Taylor is referred to as first party and his intended wife as second party, reads:

“WHEREAS, the parties hereto contemplate entering into a marriage relation with each other, and First Party is the owner of and is possessed of real and personal property in his own right, and is the father of two children, .viz., Harold B. Taylor and Neva Claire Priday, both of whom have attained their majority and possess independent means of support; and that Second Party is the owner of and is possessed of personal property, and is the mother of one son, namely, Melvin S. Campbell, who has attained his majority and has independent means of support; and that it is the desire of the parties hereto that their marriage *541 shall not in any way change their legal rights, or that of their children and heirs-at-law in or to the property of each of them, except as hereinafter may he specified.
“Now, therefore, in consideration of the premises and the agreements herein contained on the part of the respective parties to be kept and performed, the parties hereto do agree:
“1. First Party will provide during the time they shall live together a home for the two of them, and shall maintain the same, and shall provide for Second Party the ordinary and usual family conveniences and necessities such as clothing and medical attention, etc., all according to the station of life to which they have been accustomed;
“2. First Party agrees that as long as they shall live together the First Party will pay to the Second Party the sum of One Hundred & no/100 ($100.00) Dollars a month, and in addition thereto ten per cent. (10%) of all profits or income he shall have beginning with January 1, 1955, after taxes; however, there is to be excluded from the computation of profits and income any profits or income derived from sale of real property now being consummated by the First Party, and there shall be excluded moneys or recovery on. account of the cancellation by the Court of the purchase of Indian allotment land in Curry County, Oregon, and, generally, there is to be excluded any profits or income earned at any time prior to January 1, 1955;
“3. In the event First Party shall die within two (2) years, from the date of the marriage, the Second Party shall receive the sum of Five Thousand & no/100 ($5,000.00) Dollars from First Party’s estate;
“4. First Party renounces, or disclaims and waives, any claim to any property the Second Party now has or may hereafter acquire with her own funds;
“5. Second Party renounces, or disclaims and waives, any claim to any property the First Party *542 now has or may hereafter acquire with his own funds.
“6. All household furniture acquired hereafter and used by the parties in their home shall, in the event of the death of either party, become the absolute property of the survivor.
“7. In the event the parties should discontinue living together for any reason whatsoever, all obligations hereunder of the parties one to the other shall absolutely cease and terminate as of such time, and each party hereby specifically waives all claims against the other for any of his or her property whatsoever; and unless otherwise mutually agreed-upon, the household furniture shall be divided equally between the parties;
“8. Second Party agrees that, in consideration of the marriage, in case she survives First Party she will make no claim to any part or share of his real or personal estate of which First Party dies seized other than the sum of Five Thousand & no/100 ($5,000.00) Dollars agreed to be paid to her out of the estate as above provided in the event First Party dies within two (2) years from the date of the marriage; Second Party specifically Avaives and relinquishes all claim to doAver, homestead or Aflddow’s award to any part of the personal estate of the First Party, except only said sum of Five Thousand & no_/100 ($5,000.00) Dollars, which is to be in full satisfaction and discharge of all her claims as the widow or heir-at-law to the estate of the First Party; in the event First Party survives Second Party, First Party agrees that he will make no claim whatsoever to any property, personal or real, of Second Party, and hereby waives and relinquishes any right thereto;
“9. It is declared to be the intention of the parties hereto that by virtue of the marriage neither one shall have or acquire any right, title or claim in and to the real or personal property of the other, but the estate of each shall descend or vest in his or her heirs-at-law, legatees or devisees as may be *543 prescribed by his or her Last Will and Testament, or by the law then in force, as though no marriage had taken place between them;
“10.

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Cite This Page — Counsel Stack

Bluebook (online)
436 P.2d 256, 248 Or. 538, 30 A.L.R. 3d 849, 1968 Ore. LEXIS 703, Counsel Stack Legal Research, https://law.counselstack.com/opinion/taylor-v-united-states-national-bank-or-1968.