198 Ky. 344 | Ky. Ct. App. | 1923
Opinion op the Court by
Reversing.
Appellee William Owsley, trustee, and the cestui que trustents commenced this action in the Shelby circuit court against Owsley Brown to enforce a contract made by them with Brown, whereby they agreed to sell him and he agreed to purchase of them a certain tract or boundary of land described in the petition, at the price of $10,000.00. Appellant Brown declined to take the land or to accept a general warranty deed therefor from William Owsley, trustee, etc., and to pay the purchase price because he was advised by his counsel that the title
“The remainder of my estate, which I have the right to will, to be equally divided among my four children, Kate O. Akin, Amelia O. Brown, Bella O. Booker and William Owsley, to be held in trust by their respective husbands, J. W. Akin, George G. Brown and William F. Booker, for their wives and children, and William Owsley for his wife and children.”
The property in question is the result of the provision of the will copied above, and is now held by William Owsley, trustee, for the same uses and purposes set forth in the. said will. The contract which the appellee sought to enforce by this action contains the following provision:
“The said parties of the first part hereby sell and agree to convey to second party, on September 15, 1921, by a good and sufficient deed of general warranty, in fee simple, and free from any and all liens and incumbrances, the following described tract of land, etc.”
William Owsley, who is now trustee, is the son of the testatrix, Catherine E. Owsley. Appellee Florence R. Owsley is the wife of William Owsley and is one of the trustants. William Booker Owsley is a son of William and Florence Owsley. The other and only child of William and Florence Owsley conveyed his interest to his mother Florence Owsley and has and claims no interest whatever in the lands under consideration. As all these persons are yet alive the trust created by the will is still active. This is not a mere dry or passive trust which requires no action on the part of the trustee beyond turning over the property to the cestm que trustents. On the contrary William Owsley as trustee must hold the said lands for the use and benefit of his wife so long as she lives. It is an active trust for the trustee has a duty to perform. This being true, it is not within the power of the trustee and the cestui que trustents to sell and convey the trust property and thus terminate the trust even though all of them join.
It is averred in the answer that Mrs. Florence Owsley, to whose use the trustee holds a life estate in the land, is more than sixty years of age, in feeble health and unable to bear a child or children. This averment is not
For the reasons indicated the judgment is reversed with directions to dismiss, the petition.
Judgment reversed.