Baptist church in Oliver street, in the city of N. Y., to be by them put out at interest until, with the addi- tions which should be made by sub- scriptions or otherwise, a sufficient sum should accumulate to enable the trustees of that church to erect in the said village of H. a church or place of worship for christians of the Baptist denomination. The will contained a general power to the ex- ecutors, as trustees, to sell and dis- pose of all the real and personal estate of the testatrix, and directed them to divide the proceeds, after the payment of her debts and the performance of the trusts mentioned in the will, to her brothers and sis- ter, and the children of a deceased brother. After the making of the will, the testatrix sold the lot on C. street for $250. The value of the lot subsequently increased, so that at the death of her mother, in 1856, it amounted to from $1000 to $1500, irrespective of any improvements made after the date of the will. The acting executor had in his hands about $700, being what remained of the personal estate of the testatrix, after payment of debts, &c. and all her bequests, except those to the Baptist church and the residuary legatees. He had sold the real es- tate to the defendant L. for $2600, who was willing to take a convey- ance and pay the purchase money, if the court should determine that the executor had power to sell and convey the land, so as to give à good title. After the date of the will, and during the lifetime of the testa- trix, a church was erected by the Baptists in H., sufficient to accom- modate all of that denomination re- siding in that vicinity, to which the testatrix contributed $50. Held, 1. That under the provisions of the revised statutes relative to accumu- lations (1 R. S. 773, 774, § 3) and the decision of the court of appeals in Williams v. Williams, (4 Selden, 525,) making those provisions ap- plicable to bequests to religious so- cieties, the direction for an accumu- lation for the erection of a church at H. was inoprative and void. 2. That donations to incorpora- ted religious societies are exempt from the provisions of the revised statutes to prevent perpetuities. 3. That the legacy to the Baptist church in Oliver street could not be
sustained, either as a contribution towards building another church, or to defray the expenses of the edifice which was erected during the life- time of the testatrix; inasmuch as the bequest could not be effectuated without violating the provisions of the revised statutes against accu- mulations, and because the pro- posed object had been accomplished through other means, in the lifetime of the testatrix. 4. That although the legacy to the Baptist church was void, the power given to the ex- ecutors to sell the real estate of the testatrix was valid; and that L. must complete his purchase. son v. Lynt,
6. A testator, by the 2d clause of his will, devised a part of his homestead farm to his three grandchildren, Erastus, Mary E. and John Hover, share and share alike, but subject to the payment of debts and legacies, and to the conditions thereinafter stated. These conditions were, that they, being minors, were not to take said estate until they should several- ly arrive at the age of twenty-one years; with a further provision that in case of the death of either before that age and without issue, the sur- vivors or survivor should take such share; and in case of the death of all, under age and without issue, it should go to the testator's son John in fee. The testator then directed that during the minority of the grandchildren his son John should take charge of, and have the man- agement of the said estate, and out of the avails should support the grandchildren and their mother; and he appointed his son John their guardian, and as such guardian he was to have charge of their estate. Out of the surplus of the avails of the estate, over and above such sup- port, (if any,) his son John was di- rected to pay the debts and legacies charged thereon; and, after doing so, to invest at interest any surplus that might remain, for the use and benefit of the grandchildren, to be paid over to them at the age of twenty-one. He was not to be made liable or accountable for losses in the management of the estate, un- less for gross neglect, &c. The tes- tator also directed that so long as Mary H., the mother of his said grandchildren, and the widow of his
deceased son Peter, should remain the widow of his son, she should re- main in the testator's mansion house and superintend the household af- fairs, and be supported out of the avails of the property devised to the grandchildren. Held 1. That the in- tent of the testator, as appearing from the terms of the devise, was as follows: 1. A devise of the real es- tate to the three grandchildren, in fee, to take effect in possession on their arriving at the age of twenty- one years. 2. In case either of them should die before the age of twenty- one and without issue, a devise over to the survivors, and if they should all die, to the testator's son John, in fee. 3. A devise of the fee in trust, by implication of law, to John, dur- ing the minorities of the grand- children, and until the youngest grandchild should arrive at the age of twenty-one years. 2. That the trust or direction to the testator's son John to manage and control the estate, and receive and apply the avails thereof, during the minorities of the grandchildren, was void, as involving, necessarily, a suspense of the power of alienation during the minorities of the three grandchil- dren. And that the trust was not saved, as a valid trust, by the pro- visions of section 55 of 1 R. S. 728. 3. That the whole devise, including the illegal trust, was not so closely interwoven, in its several parts, but that the valid could be detached from the void provisions, and pre- served, without doing violence to the testator's intentions. 4. That the main devise to the infant grand- children and to the testator's son John, was valid; and that the same took effect during the respective mi- norities of the grandchildren, as well as afterwards. And that the estate vested in the grandchildren immedi- ately on the death of the testator, subject to be divested or determined by their death under age and with- out issue. 5. That the provision for the residence of the mother of the infant devisees in the mansion house of the testator, and for her support out of the avails of the estate, during her widowhood, was valid. 6. That during the minorities of the grand- children the estate descended to the infant devisees of the testator, sub- ject to the charges named in the will, including the charge for the
14. A testator, by the first clause of his will, gave and bequeathed to various relatives legacies amounting in the whole to $11,000; and he directed that such legacies be paid in such order, and by such installments, or otherwise, as his executors might deem most for the interest of his estate, and that they should pay in- terest thereon from the time of his death, half-yearly, until they should be paid. He then gave and bequeath- ed to M. M. $250 in quarterly pay- ments, for life; and to the Roman Catholic Orphan Asylum, in the city of New York, $100 a year, until the lapse of 21 years from the time of the testator's death, or until the death of the survivor of his two youngest children living at the time of his death. And he directed his executors to apply, at their discre- tion, $50 a year to the relief of the poor of St. Mary's church, in Grand street, New York, until the lapse of 21 years from his death, or until the death of the survivor of his two youngest children. The last threo legacies and annuities were to be a charge on the testator's leasehold property No. 197 Chatham street. By the seventh clause, in case he should leave more than one child him surviving, the testator divided the rest, residue and remainder of his estate, real and personal, into so many equal shares as there were children, and he gave one of said shares, as applicable to cach child, to his executors and the survivors and survivor of them, his heirs and assigns for ever, in trust for the benefit of such children and their issue. The testator left him surviv-
ing two children. His personal estate was not sufficient, after the payment of his debts, to pay in full the legacies given by the will. Held, 1. That the whole frame and scheme of the will plainly showed that the testator intended the lega- cies to be paid absolutely, and at all events; and that they were a charge upon the whole real estate of the testator; and if necessary his real estate, other than the leasehold interest in 197 Chatham street, must contribute to the full payment thereof. 2. That the legacies must be paid, in full, before the residue and remainder could be held and applied upon the trusts and to the uses declared in the seventh clause, &c. 3. That the direction to the executors to apply at their discre- tion $50 a year to the relief of the poor of St. Mary's church was valid, and could be enforced. McLough- lin v. McLoughlin, 458
15. A testator, by his will, gave and devised to his wife J. all his estate, real and personal, so long as she re- mained his widow; making no dis- position of the estate in remainder, which accordingly descended to C. his heir at law. The personal estate proving insufficient to pay the debts, J. the executrix applied to the sur- rogate for authority to mortgage, lease or sell the real estate of the testator, for that purpose, and that she be allowed to sell, in the first instance, the reversionary interest of C. therein. The petitioner claimed that the estate in remainder should be first sold, and the proceeds ap- plied to the satisfaction of the debts; or that the value of her life estate in the premises should be computed and ascertained upon the principles applicable to annuities, and deduct- ed from the proceeds of the sale, and the residue applied to the satis- faction of the debts, before any part of the ascertained value of the pe- titioner's life estate should be ap- propriated to that object. The sur- rogate made a decree authorizing. a sale of the land, and directed that the proceeds be applied to the pay- ment of the debts; taking no notice of, and giving no preference to, the estate of J. as tenant for life, over that of C. in remainder. Held that the rule of distribution contended for by J. was inconsistent with the
directions of the statute; and that the decree of the surrogate was right. Pelletreau v. Smith, 494
16. A testator, by his will, directed that all his real and personal estate should remain as it was at the time of his death, for the exclusive use of his wife and children who were under age and unmarried, and should be so managed by his executors as would accomplish two objects; first, the comfortable maintenance of his wife; and second, the comfortable maintenance of his children; that nothing consisting of the character of personal estate should be sold, unless under the greatest necessity, and then under the immediate di- rection of the executors; that the property, both real and personal, should be so kept, and the income so used, as might best subserve the ob- jects above stated, as long as the tes- tator's wife lived; and after her death the whole of his estate should be so occupied for the benefit of his children who were under age and unmarried, as might best pro- moto the objects above mentioned; that after the children were of full age, and after the death of the wife, all the property should be sold, and the proceeds divided among the children, as the law directs. That if the widow should marry again she should have no right or claim to the estate, and should cease to be executrix, and be "cut off" from every portion of his estate. A lega- cy of $500 was given S. Conrad, to be paid to him after the death of the testator's wife, and after the testator's children should be of full age, out of the moneys so realized out of the sale of my estate." There was no direct devise to the execu- tors, nor any express trust, in words, created, in them. Held, 1. That after the payment of his debts, &c. the testator intended that all his property, real and personal, should remain and be kept undisposed of for the use of his wife and his chil- dren under age and unmarried, dur- ing the life of his wife, or until she should marry again. 2. That the testator also intended that all his property should be kept, and re- main undisposed of, after the mar- riage or death of his widow, for the use of such of his children as should then be under age and unmarried.
3. That the testator intended his | wife should use and receive, and apply, the rents and income of all the property to the support and maintenance of herself and children under age and unmarried, during her life, or until she married again; which was substantially a devise and bequest of all his property, real and personal, to her for such term, for that use and purpose. 4. That so far as such devise and bequest to the wife were for the benefit of the children under age and unmarried, they involved an express trust, which made her term inalienable during the minority of the unmarried chil- dren, or of an unmarried child; but that as such inalienability could not continue longer than her life, such devise, and bequest, and trust, was lawful and valid. 5. That the further trust after the death or marriage of the widow was not valid, as it might have suspended the absolute power of alienation, for a longer period than during the continuance of two lives. But that the invalidity of that trust did not affect the validity of the devise and bequest to the widow; and there was, therefore, by the will, a good and valid devise and bequest to the widow, for life. 6. That all the property, or the pro- ceeds of its sale, should be divided or distributed, and the rights of all the parties declared, upon the theory that the will made no disposition of the property after the death of the widow, and that the same should be treated, and be divided and distribu- ted among the heirs and next of kin of the testator, or those who had succeeded to their interest by pur- chase or otherwise, as an undisposed of reversion. 7. That the real estate of which the testator died seised vested, on his death, in all his sur- viving children, as his only heirs at law, subject to the devise thereof to his wife for the use of herself and of the children under age and un- married, and subject to the implied power given to the surviving execu- tor to sell, &c.; and that the rights and interests of all the parties claim- ing, by descent, purchase or other- wise, must be declared, and the proceeds of the sale, after the pay- ment of the $500 legacy, must be distributed, upon the theory that it was so vested. 8. That the legacy of $500 to S. Conrad was vested, not
contingent; that it did not lapse by the death of the legatee before the death of the widow; and that it must be paid out of the proceeds of the property, to the personal re- presentatives of S. Conrad, &c., and the remainder of the proceeds must be distributed among the heirs and next of kin of the testator, and those claiming and entitled under and through them. 9. That there was no ground upon which the real estate could be considered as con- verted into money, from the death of the testator. Williams v. Con- rad,
17. A testator, by his will, directed his executors to retain and invest, and keep invested from time to time, one sixth part of his estate, upon real estate security, or in stocks, and to apply and pay over the income thereof, to his wife, during her life. A portion of the trust fund was in- vested by the trustee appointed in the place of the executor, in the capital stock of the National Bank. The charter of the bank expired January 1, 1857, and the bank reor- ganized under the general banking law. Preparatory to the reorgani- zation. the bank made and declared a dividend, over and above the par value of the stock, of 18 per cent; leaving it to the option of the stock- holders to take stock in the new bank, adding the said dividend of 18 per cent, or to take the same in money. The trustee elected, instead of money, to receive the dividend in the new stock, and received the same, and held the certificates there- for. Held, that the testator intended all the income of the property which he ordered to be converted should be paid to his wife, but that the capital so invested should be preserved. Simpson v. Moore, 637 18. Held also, that under the case of
Clarkson v. Clarkson, (18 Barbour, 646,) the payment of the 18 per cent by the bank must be considered as a dividend; but as it contained part of what was held as capital, when the stock was purchased, so much thereof as was necessary to make up the original investment, over and above the par value of the stock taken by the trustee in exchange, should be retained by him; and that the residue belonged to the plaintiff.
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