Union Trust Co. v. Curby

164 S.W. 485, 255 Mo. 393, 1914 Mo. LEXIS 32
CourtSupreme Court of Missouri
DecidedMarch 3, 1914
StatusPublished
Cited by3 cases

This text of 164 S.W. 485 (Union Trust Co. v. Curby) 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
Union Trust Co. v. Curby, 164 S.W. 485, 255 Mo. 393, 1914 Mo. LEXIS 32 (Mo. 1914).

Opinion

WOODSON, P. J.

The plaintiff, trustee under the will of Joseph L. Curby, deceased, instituted this suit against the defendants to construe said will.

[400]*400Said Curby resided in the city of St. Louis, and departed this life March 8th, 1904. The will was executed August 7th, 1899; and at that time, Anna J. Curby, his wife, Clarence E. Curby, his son, and Joseph L. Curby, Jr., the only child of a deceased son, who died in the lifetime of his father, the testator, and before the will was executed, were all living.

At that time the said Clarence E. Curby had two sons living, namely, Clarence J. Curby and Kennett S. Curby. These are the devisees mentioned in the will of the testator, which will be presently set out.

No question is raised as to the pleadings or the procedure had in the case, consequently they will be put aside.

Said will is in words and figures as follows:

“I, Joseph L. Curby, being of sound mind and disposing memory, do make and publish this my last will and testament, hereby revoking all other wills by me at any time heretofore made.
“First. I direct that all my just debts, including funeral expenses, be paid as soon- after my death as possible.
“Second. I give and bequeath to my grandson, Joseph L. Curby, Jr., all my jewelry (except Masonic jewelry), including my watch and chain; also all papers and equipments belonging to me, pertaining to the War of the Rebellion; and to my son, Clarence Edgar Curby, I bequeath all my Masonic jewelry, emblems, books and paraphernalia pertaining to Free Masonry, he to take good care of them without charge therefor being made against him in my estate.
“Third. I give and bequeath to my nephew, Joseph Curby, son of David P. Curby, the sum of one thousand dollars; also to Joseph Curby Welch the sum of five hundred dollars; and also to Joseph Curby Jacobs the sum of five hundred dollars, all of said legacies to be paid within two years after my death.
[401]*401“Fourth,. I also give and bequeath to my sister, Mrs. John O. Taylor, such sum of money as may be required to purchase for her an annuity of six hundred dollars per year, payable to her monthly at the rate of fifty dollars per month. Such annuity shall be purchased by my executors and shall cease to be payable to her when she remarries and thereafter the same shall be payable to my residuary legatees. It is, however, my wish that she remain a member of my wife’s family after my death and that she be provided by my wife with board, lodging and clothing as has been heretofore done by my family, and in ease such be done it is my wish and request that she pay therefor such sum as she receives from the said annuity so long as she remains a member of my wife’s family.
“Fifth. I also give and bequeath to each of my two brothers, William Franklin Curby and Augustus Washington Curby, such a sum of money as may be sufficient to purchase for each of them an annuity of three hundred dollars, payable monthly or quarterly, and such annuities shall be purchased by my executors.
“Sixth. I give and bequeath to my coachman, Smith Williams, colored, the sum of five hundred dollars, providing he remains with me and is in my employ at the time of my death and remains for at least, two years after my death with my widow if she so requests.
“Seventh. I give and bequeath to the Union Trust Company of St. Louis the sum of fifty thousand dollars, to the Mississippi Valley Trust Company of St. Louis the sum of fifty thousand dollars, and to the St. Louis Trust Company of St. Louis the sum of fifty thousand dollars, in trust, however, for my three grandsons, Joseph L. Curby, Clarence E. Curby and Ken-nett S. Curby, in equal shares, payable to them respectively when they arrive at the age of thirty-five years, and should any one or more of them die without [402]*402leaving issue then the share of such beneficiary shall go to those who may have been declared entitled to the residuum of my estate in the proportions in which such residuum was ordered to be paid to the residuary legatees by the order of the probate court having jurisdiction of my estate. The net interest or earnings of the said trust funds shall be paid to such residuary legatees in the proportions determined by such ‘probate court semiannually during said trust period, except as hereinafter otherwise provided. In case any one of my said grandsons above named is a profligate and unable to take proper care of his share of the said trust fund, in the opinion of a majority of the said trustees when he arrives at the age of thirty-five years, then the said trust shall continue until such time as the. said beneficiary manifests his capacity to take proper charge and economically manage the said fund during such time only, namely, from the time such beneficiary arrives at the age of thirty-five years, and until he manifests the possession of the qualifications and attributes indicating the capacity to take proper care and properly manage the said trust fund the net interest and earnings of said trust fund shall be paid quarterly to such beneficiary. It is also my wish and will that in the event of either of said beneficiaries becoming incapacitated from earning a living by accident or disease before he arrives at the age of thirty-five years, then during such period of such disability said beneficiary shall be entitled to receive the net earnings of his share of said trust fund instead of the residuary legatees, as before provided.
“My reasons for creating above trust are found in the fact that my observations have taught me that in many cases and in many respects too much money in the hands of young people often proves worse than poverty.
“Eighth. I give, bequeath and devise unto my‘ beloved wife, Anna J. Curby, during the period of her [403]*403natural life, my homestead, No. 19 North Grand avenue, and the grounds used in connection therewith. I also give and bequeath to her all my households goods and chattels, including kitchen furniture, paintings, statuary (excepting such as is already given in clause two of this will), also my carriages, buggies, horses and harness and. such other goods and chattels as are used in connection with my home.
“Ninth. All the rest, residue and remainder of my estate, real, personal and mixed property, wheresoever situate, I give, bequeath and devise, in equal shares, unto my beloved wife, Anna J. Curby, my son, Clarence E. Curby, and my grandson, Joseph L. Curby, and unto their heirs and assigns forever.
“To have and to hold the said rest, residue and remainder of my estate unto the said Anna J. Curby, Clarence E. Curby and Joseph L. Curby and unto their heirs and assigns forever, with the sole qualification as to the interest and share given to the said Joseph L. Curby as is contained in the next paragraph of my will, and as to all beneficiaries with the qualification contained in the twelfth paragraph of my will.
“Tenth. The share of my estate above given, bequeathed and devised unto my grandson, Joseph L. Curby, is first given and devised, unto the Union Trust Company of St. Louis in trust for the said Joseph L.

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Bluebook (online)
164 S.W. 485, 255 Mo. 393, 1914 Mo. LEXIS 32, Counsel Stack Legal Research, https://law.counselstack.com/opinion/union-trust-co-v-curby-mo-1914.