Wells v. Fidelity Trust Co.

115 A. 73, 93 N.J. Eq. 94, 8 Stock. 94, 1921 N.J. Ch. LEXIS 25
CourtNew Jersey Court of Chancery
DecidedJuly 29, 1921
StatusPublished
Cited by3 cases

This text of 115 A. 73 (Wells v. Fidelity Trust Co.) is published on Counsel Stack Legal Research, covering New Jersey Court of Chancery primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Wells v. Fidelity Trust Co., 115 A. 73, 93 N.J. Eq. 94, 8 Stock. 94, 1921 N.J. Ch. LEXIS 25 (N.J. Ct. App. 1921).

Opinion

Foster, V. C.

This is an action to establish, and to secure the specific performance of, an agreement alleged to have been made by J. [95]*95Brodhead 'Woolsey with complainants and others, who are collateral relatives of his wife, under which it is claimed he agreed to leave to them by his will certain property which had come to him by the will of his wife.

Mrs. Woolsey, who, was the aunt of complainant, executed her will on August 27th, 1907, and died on September 24th following. By her will she gave practically her entire estate (which had come to her from her father-, James, Perry) to her husband, J. Brodhead Woolsey, subject to the loss of it .in case of his remarriage.

Eor years Mrs. Woolsey had been afflicted with Bright’s disease and was addicted to the use.of laudanum. Because of the feeble, physical and mental condition which complainants claim Mrs. Woolsey was in at the time she executed her will, about a month before her death, thejr allege that complainants, or some of them, and other relatives of'Mrs. Woolsey, threatened to contest the probate of her will, and that Mr. Woolse}1, in order to avoid such a. contest, made the agreement in question, the consideration for which was the forbearance .on the part of complainants and the others, from making tire contest, and in permitting the will to.be admitted to probate without objection.

Mr. Woolsey died on August 19th, 1919, leaving a will executed by him on December 7th, 1918, by which he gave the bulk of his estate, including what remained of the property he had received from his wife, to his nephew, the defendant James Periy Woolsey. In his will Mr. Woolsey made some provision for tire complainant Mrs. Nellie Perry Wells and others of his wife’s relatives, and he stated therein that “I have made no provision for my nephews James and Clarence Perry, for the reason that I have made srrbstantial advances to each of them;” and tire proofs show that very substantial advances were made to James Perry.

About two months after Mr. Woolsey’s death, about October 31st, 1919, James Perry, one of the beneficiaries of the alleged agreement, assigned his interest therein, and in the estates of both Mr. and Mrs. Woolse)r, to his sister, the complainant Mrs. Nellie Perry Wells; and about November 3d, 1919, Mrs. Emily Tunbridge, another beneficiary under the agreement, made a [96]*96similar assignment of her interest to Mrs. Wells, and this suit was then begun, January 3d, 1920. The defendants James Perry Woolsey and others filed their answer and counter-claims against James Perry and Mrs. Tunbridge, making them parties to and asking for a determination in this action of their respective interests, under the alleged agreement, and in the estates of Mr. and Mrs. Woolsey.

From the record it is clear that there is not sufficient; evidence to establish the alleged contract without the testimony of Mrs. Tunbridge and James Perry. Their evidence was received against defendants’ objection, under the reservation that it would be removed from the record if due consideration of their assignments and the circumstances connected with their execution, and the consideration and purpose for which they were made justified that course.

Having reached the conclusion that without the evidence of James Perry and Mrs. Tunbridge the proofs are not sufficient to establish the alleged agreement, it becomes necessary to determine if the assignment of their respective interests removed the bar of the statute (section 4 of the Evidence act) and qualified them to give testimony respecting their conversations and transactions with the decedent, J. Brodhead Woolsey, which resulted in the contract in question. From the proofs it appears that James Perry executed the assignment under tire following circumstances: In October, 1919, he was confined in the penitentiary at Caldwell, in this state, for embezzlement; some time in this month his brother Clarence, one of the complainants, called on him and they discussed Mr. Woolsey’s will; later, Mr. Reiley, of counsel with complainants, called and explained to him that it was necessary for him to assign his interest under tire agreement in order to qualify him as a witness in this- action, which was then in preparation, and some one suggested to him the cancellation of his indebtedness to his sister Mrs. Wells as an ostensible, if not an actual, consideration for the assignment.

Perry testified that his reasons for executing the assignment were: “Well, I wanted to render my sister a service; we will count that as the first; and, in the next place, I wanted to be released from my indebtedness to her.”

[97]*97He added that what he had in mind in rendering his sister a service was that he might be freed from his disqualification as a witness and free to testify in her behalf as a witness in this suit.

The indebtedness he referred to amounted to about $20,000, which Mrs. Wells had advanced to him, or had been compelled to pay as an endorser on his notes. The last of these payments having been made eight or nine years before the assignment was executed; when the assignment was made, Perry knew her claim was barred by the statute of limitations; and he was not then, and for some years had not been, financially responsible. Aside from Perry’s statement, no explanation is offered for the adjustment and settlement of Perry’s indebtedness to Mrs. Wells'at this particular time; nor for his acceptance from her, as a consideration for this assignment, of the cancellation of this uncollectible indebtedness — an indebtedness that amounted to but, one-third of the $60,000 he estimated as his share in the estates of Mr. and’Mrs. Woolsey.

The explanation given by Mrs. Tunbridge for assigning her interest in the agreement to her cousin Mrs, Wells is equally unsatisfactory. It appears from her statement that Mrs. Woolsey frequently said that she intended to leave Mrs. Tunbridge $2,000 in her will, or through Mr. Woolsey; that! neither of them made this provision for her, and she had decided “she would not fight for her share.” She told Mrs. Wells, while this suit was in preparation, that she “would sign off anything to her because she [I] didn’t expect to get anything. I withdrew my hands of the whole thing, but I would do what I could for her and what I knew I would be willing to testify.” She further states that she executed the assignment “because there was, nothing coming and I wanted Mrs. Wells to have all that was coming to her. I wasn’t going t.o fight for any share or anything at all.” Tt is clear that Mrs. Tunbridge executed the assignment because she had concluded she would never receive the expected legacy, and her view of the matter was apparently confirmed after her talk with Mrs. Wells, and by the contents of a letter dated October 29th, 1919, which she received, with the form of assignment, from counsel for complainants. In this letter counsel informed [98]*98her that her right “was an extremely hazy and. uncertain one and. could not be enforced without a suit, the result of which would necessarily be a very doubtful one,” and counsel further informed her that if she continued the owner of the right to this legacy, they would have to make her a party to the suit, and this would disqualify her from testifying. A few days after the receipt of this letter Mrs. Tunbridge executed the assignment. The consideration for 'the assignment from Mrs. Tunbridge is her love and affection for Mrs. Wells. During the ten or more years that elapsed between the date of Mrs.

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Bluebook (online)
115 A. 73, 93 N.J. Eq. 94, 8 Stock. 94, 1921 N.J. Ch. LEXIS 25, Counsel Stack Legal Research, https://law.counselstack.com/opinion/wells-v-fidelity-trust-co-njch-1921.