3 Barb. Ch. 304 | New York Court of Chancery | 1848
The fair construction of the fourth codicil is, that the testator referred, therein, to the eldest child of the complainant at the time of making such codicil, as the one upon whose arrival at the age of twenty-one, the complainant’s estate or income in the profits of that fourth of the testator’s property should terminate; and not the eldest child
It is true the remainder to the children is a contingent remainder, and is limited on a term of years. For the estate of the mother in the income of. the fund, which is to endure until the time when her eldest child Eliza Butler will attain the age of twenty-one, if she lives so long, is an estate in the fund for a term of years ; that is, for the term of twelve yeare, or a little less, from the death of the testator. But a contingent remain
It is understood that Eliza, the eldest child of the complainant who was in esse at the death of the testator, actually lived to attain the age of twenty-one years in May, 1846. If so, the contingency contemplated by the testator then occurred; and the children of the complainant who were then living became the absolute owners of the whole of the fund in controversy, upon the happening of that event. It is therefore unnecessary to inquire who would have been entitled if Eliza Butler had died under the age of twenty-one. It is sufficient to say, none of the respondents in this case had any interest in that question when the bill in this cause was filed. Nor were the proper
There was, therefore, no error in the decree of the vice chan cellar; and it must be affirmed, with costs.
Mason v. Jones, 2 Barb. Sup. Court Rep. 244.