Ussher v. Mercantile Trust Co.

328 S.W.2d 699, 1959 Mo. LEXIS 690
CourtSupreme Court of Missouri
DecidedNovember 9, 1959
Docket47306
StatusPublished
Cited by11 cases

This text of 328 S.W.2d 699 (Ussher v. Mercantile Trust Co.) 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
Ussher v. Mercantile Trust Co., 328 S.W.2d 699, 1959 Mo. LEXIS 690 (Mo. 1959).

Opinion

BOHLING, Commissioner.

The principal question presented by this appeal is whether the widow of James B. Bergs takes the remainder interests in two trust funds created by Items Third and Fourth of his will, the material portions of which are hereinafter stated, as intestate property. Testator named his wife (now Mrs. Courtney Ussher) and Mercantile Trust Company, a corporation, as testamentary co-trustees and co-executors. Mrs. Ussher, respondent here, instituted this suit against Virginia Johnson Parker and Mildred Johnson Hodge, the other beneficiaries named in testator’s will, and her co-trustee and co-executor for a construction of her former husband’s will. After providing for certain specific bequests to plaintiff, testator created two testamentary trust funds of the balance of his estate, a first trust fund in Item Third and a second trust fund in Item Fourth, each being for the benefit of plaintiff for life. Plaintiff was vested with the power of appointment by last will and testament over any remainder of the first trust fund but any portion thereof over which she failed to exercise such power was to be added to testator’s “residuary estate and pass under the provisions of Item Fourth of this will,” but said Item Fourth did not dispose of the remainder interests. Plaintiff contends, in these circumstances, she takes said remainder as intestate property under § 474.010(1) (b) Statutory references are to RSMo 1949' and V.A.M.S. Defendants Parker and Hodge, appellants here, contend the last clause of Item Fifth, quoted infra, constitutes in effect a residuary clause and passes said remainder interests to them. It was stipulated that the approximate value of testator’s distributable estate is $330,-801, and plaintiff’s position is that one-half thereof constitutes the remainder interest under the will. We have jurisdiction by reason of the amount in dispute.

The trial court found in favor of plaintiff and defendants Parker and Hodge have appealed.

The pertinent parts of the will of James B. Bergs follow:

*701 Item First directed the payment of his debts and all “taxes, duties or levies” of a United States or state inheritance or succession nature from the “residue of” his estate and not charging any part of the same “against the share of any beneficiary hereunder.”

Item Second gives to testator’s wife, Courtney, all his clothing, jewelry, household furniture, “and all other personal chattels of a strictly personal nature” as distinguished from testator’s “personal property of an investment or estate nature, the latter of which are hereinafter disposed of.”

Item Third: “In the event my wife, Courtney, shall survive me, I give and bequeath to Mercantile Trust Company * * * and to my wife, Courtney” as co-trustees “an amount equal to the maximum marital deduction” allowable under the Internal Revenue Code of the United States (see § 2056(b) (5) (c), 26 U.S.C.A.), in trust, sometimes referred to as “first trust fund,” in said will. The trustees are directed to pay the net income of “this first trust fund and of the second trust fund hereinafter described” to plaintiff “in quarter-annual or more frequent installments as long as she shall live.” The trustees are authorized to encroach upon the “principal of the first trust fund” “for the maintenance, support and comfort of” plaintiff. The trustees are further directed to distribute the remainder of “this first trust fund” as plaintiff may “appoint in her last will and testament.” If the power of appointment vested in plaintiff be not exercised in whole, “the remaining unappoint-ed corpus of the first trust fund created hereunder shall be added to and become a part of my residuary estate and pass under the provisions of Item Fourth of this will.” Item Third closed with the following paragraph :

“The provisions in this will for my wife, Courtney, are made by me in lieu of all statutory and other legal rights which she might have in my estate.”

Item Fourth: “In the event my said wife survives me, I do hereby give, devise and bequeath” to the aforesaid trustees “all of the rest, residue and remainder of my estate, real, personal and mixed and wheresoever situated, hereinafter sometimes called ‘second trust fund,’ in trust.” Item Fourth, at considerable length and in detail, vests broad powers in said trustees over “the first and second trust funds” with respect to the management, investment, etc., of trust assets. Testator next inserted a spendthrift provision restricting the alienation of any interest in the trust property by any beneficiary thereof. He also authorized encroachment on the corpus “of said trust estates” in stated circumstances for the benefit of plaintiff, the same to be paid out of the second trust fund. Item Fourth contains no provision for the disposition of the remainder interest of said second trust fund or of the income therefrom. However, as stated, the income from said second trust fund is disposed of under Item Third.

Item Fifth: “In the event my said wife shall predecease me, I hereby will and direct that the property hereinbefore referred to as the first and second trust funds shall be transferred and delivered, free of trust, to my two cousins, Virginia Johnson Parker and Mildred Johnson Hodge, both now living in Memphis, Tennessee, and if eithei or both of them should not survive me then to the heirs-at-law of the deceased party or parties, as determined by the laws of Missouri at my death, and the same disposition shall be made of any of my property remaining which has not been disposed of under my will.”

Mr. Bergs died April 28, 1956, a resident of St. Louis. Plaintiff’s age was then fifty-two. His will was executed May 11, 1955. He left surviving his widow, plaintiff, as his sole statutory heir, testator not being “survived by issue, father, mother, brother or sister, or their descendants.” § 474.-010(1) (b).

*702 Mr. Bergs and defendants Parker and Hodge were first cousins. He made his home with their mother seasonally each year after he was about three years old, his mother having died. He spent his summers vacationing with their family while he was in college and until he reached his maturity. He and his first wife were divorced and he again lived with their mother for about two years. He married plaintiff about twenty-five to thirty years before his death. They were divorced about fifteen years before his death. They remarried a few years later and lived in St. Louis. During testator’s later years plaintiff lived in California and he lived in St. Louis.

“ ‘The controlling rule in construing wills in this state, to which all technical rules of construction must give way, is to give effect to the true intent and meaning of the testator as the same may be gathered from the whole instrument, if not violative of some established rule of law; and in arriving at that intention the relation of the testator to the beneficiaries named in the will and the circumstances surrounding him at the time of its execution are to be taken into consideration, and the will read as near as may be from his standpoint, giving effect, if possible, to every clause and portion of it, and to this end, if need be, words may be supplied and omitted, and sentences transposed.’ ” Burrier v. Jones, 338 Mo. 679, 92 S.W.2d 885, 887. § 474.430; McLaughlin v. Tralle, Mo., 274 S.W.2d 316

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Bluebook (online)
328 S.W.2d 699, 1959 Mo. LEXIS 690, Counsel Stack Legal Research, https://law.counselstack.com/opinion/ussher-v-mercantile-trust-co-mo-1959.