Thall v. Dreyfus

84 A.D. 569, 82 N.Y.S. 691

This text of 84 A.D. 569 (Thall v. Dreyfus) is published on Counsel Stack Legal Research, covering Appellate Division of the Supreme Court of the State of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Thall v. Dreyfus, 84 A.D. 569, 82 N.Y.S. 691 (N.Y. Ct. App. 1903).

Opinion

Hirschberg, J.:

The controversy is as to the title to certain real estate which the plaintiffs have contracted to sell to the defendant in fee simple, subject only to certain specified incumbrances. The real estáte was owned and possessed by the plaintiffs’ mother, Jennie Thall, at the time of her death, February 12, 1902. She left a will, which was duly proved and admitted to probate in the Surrogate’s Court of Kings county, naming John Jenkins, Jr., and her son, William J. Thall, as executors and trustees. With the exception of a small bequest having no bearing on the issue, she disposed of her property for the benefit of her three children, the plaintiffs (one of whom is the executor and trustee), as follows: I give, devise and bequeath all the rest, residue and remainder of my estate, both real and personal, unto John Jenkins, Junior, and my son William J. Thall, in trust nevertheless for the benefit of my children, William J. Thall, Jennie Thall and Mamie S. Andresen, the income of said estate to be paid to them during their life ; should either one of them die before the other then his or her share of the income of my estate is to go to those surviving and upon the death of two of them then the said trust shall cease and the whole of my said estate is to go to ,the survivor for. his or her own sole use and benefit forever» The [571]*571income, however, is to he paid to my said children share and share alike.”

On September 4, 1902, the plaintiffs, as parties of the first part, by an instrument duly executed under seal granted and released to W. Elmer Paynter and to his heirs and assigns, for a valuable consideration, all the expectant estate, both real and personal, devised or bequeathed to the above named parties of the first part, or either of them, by the last will and testament of Jennie Thall, deceased, together with the appurtenances, and all the estate and rights of the parties of the first part in and to the said real and personal property.” On the same day, but subsequently to the execution and delivery of this grant and release, W. Elmer Paynter, for a valuable consideration, by a like instrument, duly executed under seal and delivered, granted and released to the plaintiffs and their heirs and assigns all the said expectant estate, both real and personal, so devised and bequeathed, with the appurtenances, and all his estate and rights in and to the premises. Thereafter and on the same day an instrument was duly executed and delivered under seal by the plaintiffs and by the executors and trustees, the former as the parties both of the first part and of the third part, and the latter as the parties of the second part, which provided after a recital of the pro■visions of the will of Jennie Thall, that “ Whereas the said William J. Thall, Jennie Thall and Mamie S. Andresen, the parties of the first and third part hereto, have acquired the estate in remainder to the whole of the principal fund held in trust for them subject to •their beneficial estate therein, Row in consideration of the premises .and of the sum of one dollar to them in hand paid, the receipt whereof is hereby acknowledged, the said parties of the first part ■do hereby release unto themselves as parties of the third part hereto all the interest in the rents and profits of said estate, real and personal, devised or bequeathed by the said Jennie Thall to John Jenkins, Jr., and William J. Thall in trust for their benefit, with the intent and for the purpose of merging such trust estate in such remainder, and the said parties of the second part hereto in consideration of the sum of one dollar to them in hand paid, the receipt whereof is hereby acknowledged, do hereby consent to such release and merger, and execute this instrument for the purpose of- signifydng and giving evidence of such consent.”

[572]*572The contract for the sale of the real estate in question was executed by the parties to this submission on or about September 13, 1902.

The only persons who would answer the description of heirs at law and next of kin of Jennie Thall at the timé of her death are her children, the plaintiffs, and a granddaughter, Olga Haight.

In Matter of Hogarty (62 App. Div. 79) the direction made by the testatrix was to pay over the income of a trust fund to her sister for life, and upon the latter’s death to distribute and divide the principal among her children. The gift of the remainder was there held to be contingent and not vested, and as a consequence an attempt somewhat similar to that made herein to vest in the life tenant both the corpus and the income of the trust estate was held to be void. I cannot .see that the provisions of Mrs. Thall’s will differ materially from those in which a direction to divide or pay over on the termination of a precedent trust estate has been'held to-create a contingent remainder. In that view the deed to Paynter conveyed only a future contingent estate^ and his' deed to the plaintiffs only returned it to them. They could convey nothing which they did not have, and could receive nothing back which they had not conveyed. Conceding, however, that the intention of the testatrix was to vest the remainder at Tier death in the one survivor among the plaintiffs, it is apparent that the validity of the .scheme which the plaintiffs have adopted to terminate the precedent trust estate and to merge it in the remainder depends upon the accuracy of their claim that the remainder, although contingent in the sense that it might be defeated by a failure of survivorship, nevertheless vested in interest at the death of the testatrix so as to create an absolute and indefeasible title in some one at least of the three remaindermen, independently of the happening or the failure of survivorship. It is not enough, assuming it to be a fact, that futurity under the authorities' may not be regarded as annexed to the substance of the gift in remainder. What has been said on that subject in most, if not all, of the numerous cases construing trusts created by will relates generally to the validity of testamentary provisions and their effect upon the rights and interest of the parties before the court under the then existing conditions, and its application is not necessarily controlling in an action to compel specific performance [573]*573in which equity should protect a prospective purchaser from the ■consequences of the future divesting of a vested estate by the happening of an unlikely but possible event, which, on its occurrence, would serve to either defeat the estate altogether or to let in a beneficiary who is not concluded by the contract of sale. "Where the validity of a will with respect to the suspension of the power of alienation depends upon the vesting of interests, or where the nature and extent of the interests depend upon the determination of the ■class which is to take, the will may be held to be conformable to the statutes and the rights of the class adjusted, even although the vesting is subject to be subsequently defeated ; but a very different question is presented where the defeat of the vesting of interest by some subsequent event operates to open and let in beneficiaries who may take, not under the will, but on the theory of intestacy, and where the question before the court relates to the absolute present and future title to the fund or estate.

Prior to the passage of chapter 452 of the Laws of 1893 it was provided by section 63 of the Statute of Uses and Trusts (1 R. S. 730) that

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Related

Mills v. Mills
50 A.D. 221 (Appellate Division of the Supreme Court of New York, 1900)
In re Judicial Settlement of Accounts of Hogarty
62 A.D. 79 (Appellate Division of the Supreme Court of New York, 1901)

Cite This Page — Counsel Stack

Bluebook (online)
84 A.D. 569, 82 N.Y.S. 691, Counsel Stack Legal Research, https://law.counselstack.com/opinion/thall-v-dreyfus-nyappdiv-1903.