35 N.J. Eq. 376 | New York Court of Chancery | 1882
Ira Ryerson, deceased, by his will dated January 8th, 1873, bequeathed as follows:
*377 “ I also give to my said wife, and direct my executors to pay to her, the sum. of 514,000, to he by her used during her natural life at her pleasure; hereby giving her power to invest and re-in vest the same in her own name in the same m anner as I might do if living, and to appoint the same among my legatees by will after her decease, according to her judgment and discretion. But should the sum of 514,000, or any part thereof, remain undisposed of by my said wife as aforesaid at the time of her death, I give and bequeath the whole or part thereof, as the case may be, so undisposed of by my said wife, to my legatees in proportion to the legacies bequeathed by this my will.”
His legatees were his brother, Hassel P. Ryerson, and Hassel’s wife, and their daughters, Orilla and Elizabeth ; the children of his deceased sister, Patience Munson; his half-sister, Sophronia, and her husband, Elisha Doty, of Ohio; his half-sister, Lavinia, wife of John Beekman, of Ohio; his half-brother, Hurlburt Carpenter; the heirs of his half-brother, Deming Carpenter, ‘‘ had by his first wife; ” Richard Van Houten ; Jane and Gertrude Van Houten, daughters of Richard ; Abraham P. Ryerson ; Gertrude and Ira Ryerson, children of Abraham ; Catharine, daughter of Amos Ryerson; Gertrude Holbert;. Ira Ryerson Van Houten, son of Adrian Van Houten; Abraham Doremus ; the Board of Foreign Missions of the Reformed (late Dutch) Church; the General Synod of the Reformed Church, and the Paterson Orphan Asylum and the Ladies’ Hospital Association. The $14,000 were paid over to the widow pursuant to directions sought from this court (Matter of Executors of Ryerson, 11 C. E. Gr. 43), and were held by her up to the time of her death. By her will, dated March 15th, 1878, drawn by herself, she gives to the surviving legatees of her husband, Ira Ryerson, legacies amounting altogether to the sum of $.14,000, and the question is whether they are so given in execution of the power of appointment given in her husband’s will. I am of opinion that they are. Those legacies are grouped together in
The legacies given by the testatrix to the surviving legatees of her husband together amount, as before said, to the $14,000 exactly. One of the legatees of her husband died after the testatrix’s death and before the making of the testatrix’s will, and she gives the whole fund to the survivors. This execution of the power of appointment is a good and complete one. Boyle v. Bishop of Peterborough, 1 Ves. jun. 299 ; Butcher v. Butcher, 1 Ves. & B. 79; Perry v. Meddowcroft, 4 Beav. 197 ; Paske v. Haselfoot, 33 Beav. 125.