77 W. Va. 678 | W. Va. | 1916
The only question involved in this suit is the proper construction to be placed upon a certain clause in a codicil to the will of Harry G-. Buxton, deceased. Between the time of making his will and the codicil, one of the beneficiaries, Mrs. Blanche Price, died, and he provided by his codicil that the share of his estate intended for her should go to her three children, Elise, Harry and Catherine Price. After making some modifications of his will, which are not here involved, and referring to the death of his sister Mrs. Price, he provided for her three children as follows: “The latter (Mrs. Price) having died since the execution of the will above referred to I wish her share would be distributed among her three children, Elise, Harry and Catherine Price and that their share will he held in escrow in the Trust Co. of W. Va. at Elkins, W. Ya. until all of them shall have reached their majority.”
After Elise Price, the oldest of the three children, arrived at age, she demanded her share of the funds and threatened to sue plaintiff for it, if it was not paid. Thereupon plaintiff, which is the same corporation as the Trust Co. of W. Ya. mentioned in the will, the name of the corporation only being changed, brought this suit to have judicially determined the question whether each one of the three children was.entitled to receive his or her share of the fund on arriving at age, or whether the testator intended the fund should not be distributed until the youngest arrived at age. The circuit court held the former to be the true construction, and plaintiff has appealed.
There is nothing in the codicil, apart from the language above quoted, to indicate a purpose of the testator to postpone the enjoyment of its estate, by any child, beyond the time it should come of age. The bequest was to the children severally. The share of the testator’s deceased sister was to “be distributed among her three children.” The.share of each vested at the death of the testator, and there was no survivorship among them. On the death of Elise, which has occurred since this suit was brought, her share descended to her distributees. We think the testator meant to use the
Sherburne v. Sischo, 143 Mass. 329, is a ease in point. There the testator gave the residue of his estate to his nephews and nieces, except A., in severalty, share and share alike, and directed his executors to pay to them one-half of their shares. Out of the other half he created a trust fund for their benefit, the income from which was to be equally divided among them during their lives; and, as to the principal of the trust fund, he provided 'as follows: “At the decease of either of the said nephews and nieces, I give and bequeath such one’s half portion and interest on the trust fund to his or her legal heirs; and, at the decease of all my nephews and nieces, I give and bequeath the principal of said trust fund to their legal heirs, including A.’s heirs.” The court held that the clause above quoted was not intended to cut down the gift made in the previous part of the will and the testator had evidently used the word “all” in the sense of “each” or “every one”.
Likewise, the Court of Appeals of Kentucky, in the recent case of Shaver’s Arm’r v. Ewald’s Ex’r, 142 Ky. 472, 134 S. W. 906, held that the terms, “all the legatees,” meant each of them. In that case testator left an estate worth between $2,000,000 and $3,000,000. By the third clause of his will he left legacies of $15,000 each, to a number of his sisters, and provided as follows:' “ The bequests. in this third clause, however, are made on the express condition that all the legatees • therein named shall accept these legacies in full and complete satisfaction of all claims or pretended
The court decreed plaintiff should account as trustee, to the estate of Blise D. Price for her share, and not as guardian, and this is cross-assigned as error. Counsel insist that plaintiff was appointed as guardian for the three children and accepted the appointment as such, and that it is, therefore, estopped to deny its liability in that capacity, and should be required to settle as guardian rather than as trustee. The character in which it holds the fund depends on the provision of Buxton’s will. The will constitutes it a simple trustee, to hold and protect the fund until the children arrive at age. Harry Buxton died intestate as to a part of his property, and the Price children inherited a portion of it, as his heirs. They were entitled to the enjoyment of that portion immediately. That part of the funds belonging to the Price children also went into plaintiff’s hands, and as to it, plaintiff would have to account as guardian, if it has not already done so. But the will expressly postponed the enjoyment of their legacies until they became twenty-one years old, and as to that they are not required to account as guardian, but only as trustee. That plaintiff may have been under a misapprehension as to its true relation to the Price children respecting their several legacies, and may have rendered annual statements to the county court of all the funds in its hands, in the character of guardian, does not estop it to show its true relation to so much of the fund as represented the legacies, which, by the provisions of the will, it held simply as trustee. No one has been prejudiced by its action in respect to that fund, and hence there is no
The decree is affirmed.
Affirmed.