207 Ky. 397 | Ky. Ct. App. | 1925
Opinion of the Court by
Affirming.
Appellee sued to recover on the following note:
“Athol, Ky.,
Oct. 15,1921.
“One day after date I promise to pay Mattie Bowman ($800.00) eight hundred dollars with interest at 6%, value received of her.
“(Signed) Bedford Bowman.”’
“This is my will and testament. I give to Winston the hollow at the 'back of the house, including house and all outbuildings. I give to Holmes all the rest of the land, as called for in the deed, also the orchard. Holmes gets possession at 21. I also have a life policy of $1,000.00 which I want collected and paid to my wife in monthly payments to be used for her and the children’s benefit. Any other property I might have at the time of my death I want my wife to have it. I appoint Bedford Bowman to col-lect the policy and pay it to my wife.
“(Signed) C. L. Bowman.”
It is further pleaded that defendant qualified as executor under the will and was still acting as such; that he collected the insurance policy and paid plaintiff thereon prior to October 15,1921, the sum of $200.00', and executed to her the note sued on for the remainder; that subsequent to the execution of the note he paid her interest thereon semiannually, and was holding the principal as a trust fund, though he was willing to pay plaintiff the principal in monthly or other installments if the court should so direct.
The court sustained a demurrer to the answer and rendered judgment in favor of plaintiff for the amount of the note. Defendant appeals.
The last sentence of the will appoints Bedford Bowman to collect the policy and pay it to testator’s wife. Standing alone this imports an absolute gift, but it must be considered in connection with the previous statement, “which I want collected and paid to my wife in monthly payments to be used for her and the children’s benefit.” When the two are construed together some sort of trust is intimated, but it will be observed that the amount of monthly payments is not stated. No one isi authorized to fix such amount. The language quoted would apply to two payments or to two hundred or to any other number. As illustrating this, appellant paid appellee $200.00 of the fund in three months after her husband’s death, and since has only paid her the interest on the remainder.