Walden v. Smith

201 S.W. 302, 179 Ky. 829, 1918 Ky. LEXIS 281
Court of Appeals of Kentucky·Decided March 15, 1918·Published·Cited by 5 cases

Opinion

Opinion op the Court by

Chiep Justice Settle —

Affirming.

[830] By his will C. L. Smith of Scott county, Kentucky, who was survived by his wife, Mary L. Smith, and an infant daughter, Letitia Smith, bequeathed his estate, consisting of a considerable amount of life insurance and a small quantity of other personal property, one-third to his wife for life with remainder at her death to his daughter; and two-thirds to the daughter for life with remainder at her death to her “heirs,” but if she died without “heirs” that the property should in that event go to the brothers and sisters of the.testator and their heirs, or the surviving brothers and sisters of such of the sisters as might have no heirs at their death. The will directed that the property bequeathed the daughter of the testator should be invested in real estate by her trustee and the rents and profits thereof applied to her use. The widow of the testator duly renounced the will and received under the statute what she would have been entitled to take had there been no will. The daughter, upon reaching womanhood, became by marriage the wife of J. W. Bell, and they now have three children, all infants under fourteen years of age. The property the daughter took under the father’s will was invested by her mother, who was duly appointed her trustee, in a tract of land in Harrison county containing 83-26/100 acres. Adjoining this tract is one of one hundred acres belonging to the mother, Mary L. Smith, in her own right, and also a sixty acre tract owned by the husband of Letitia, which two adjoining tracts have been sold by the parties and the proceeds reinvested in other lands lying in Bourbon county, and the parties, Mary L. Smith, Letitia Bell, and J. W. Bell, husband of the latter, being desirious of selling the 83-26/100 acres belonging to Letitia Bell for the purpose of reinvesting its proceeds in land in Bourbon county adjoining that purchased by the mother and husband of Letitia Bell, brought this action in the Harrison circuit court to obtain a decree for its sale. The children of Letitia Bell were made defendants in the action as were the brothers and sisters of the testator, C. L. Smith, or the heirs of such of them as have died, and all properly summoned; also a guardian ad litem appointed for the infants, who seems to have filed an answer in their behalf and otherwise made such defense as was necessary for the protection of their respective interests.

The circuit court in construing the will of C. L. Smith held that' his daughter, Letitia Smith, now Letitia Bell, [831] took a life estate in the property therein bequeathed her and that at her death the remainder will go to her three children and such others as may be hereafter born to her; this conclusion as to the children being reached by the courts construing the word “heirs,” used in the will as meaning children; and as the property thus bequeathed Letitia for life with remainder to her children was invested in the tract of land in question she has a life estate therein and the children a remainder interest, as stated. The court also held that the interest bequeathed the brothers and sisters of the testator by the will is a contingent remainder. Or, in other words, that whether they ever take any interest in the property bequeathed by the will must depend upon the daughter, Letitia, dying without leaving children surviving her.

Judgment was entered directing the sale of the 83-26/100 acre tract of land as prayed in the petition, and it was thereafter sold by the master commissioner in pursuance of the judgment, at which sale the appellant, J. S. Walden, became the purchaser at the price of $115.00 per acre, or $9,574.90 in the aggregate. Appellant then executed with approved security three bonds for the land of $3,191.63 each, due and payable to the master commissioner in six, twelve and eighteen months, with six per cent, interest from date. When the sale was reported by the master commissioner the court entered an order directing him to investigate and report in what other lands the proceeds of that sold could be safely and profitably invested, and at what price. Appellant as purchaser filed exceptions to the report of sale upon the following-grounds: (1) That the court was without jurisdiction to order the sale of the land made by the commissioner. (2) That the petition fails to state facts showing that its sale was or would be beneficial to the infant remaindermen, children of Letitia Bell. (3) That the evidence in the case was insufficient to show that the sale would be beneficial to the remaindermen. The exceptions were overruled and the sale confirmed by the court. The appellant complains of the judgment manifesting these rulings ; hence this appeal.

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Walden v. Smith, 201 S.W. 302, 179 Ky. 829, 1918 Ky. LEXIS 281 (Ky. Ct. App. 1918).

201 S.W. 302 (Walden v. Smith) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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