46 N.Y.S. 959 | N.Y. App. Div. | 1897
The conceded facts of this case aité that:
“Rosilla D. Oviatt died oh the 10th day of January, 1884, at Rochester, N. T., seized of .the fee of all that tract, or parcel of land situate in the city of Rochester aforesaid, and being lot No. Five (5) of the Ely Platt, and described in her last, will and testament as store and building known as ' 38 South St. Paul street.’
“ She left a last will and testament dated ll July, 18.83,. which was admitted to probate by the surrogate of Monroe county on the 24th day of March, 1884;. and upon, that day John H..Hopkins was duly appointed executor of and trastee under said, will; and he having duly qualified, letters testamentary were issued to him by said surrogate upon said 24th day of March, 1884,
“ That, among other things, the testator devised the real estate:
“ That, on the 30th day of April, 1897, Percy D. Oviatt aforesaid arrived at the age of twenty-one years.
“ That, on the 6th day of May, 1897, said Percy D. Oviatt, by a Deed dated that day, sold and conveyed all his interest in said premises under the Will of Bosilla D. Oviatt, deceased, to his father, the said Wilson D. Oviatt.
“ Wilson D. Oviatt has released the said John H. Hopkins from any and every claim which he might have against the said John H. Hopkins, as Trustee, on account of any provision contained in the will of Rosilla D. Oviatt, deceased.”
And upon these facts the question to be determined by this court, is: Has the trust estate created by the will of Mrs. Oviatt ceased, in accordance with section 83 of chapter 46 of the general laws, and section 63 of article 2, title 2, chapter 1, part 2 of the Revised Statutes, as amended by chapter 452 of the Laws of 1893 ? ■
It is expressly declared by section 80 of what is known as' the “ Real Property Law,” being chapter 547 of the Laws of 1896, that, an express trust shall vest the legal estate in the trustees, subject only to the execution of the trusty and that the beneficiary shall not take any legal estate or interest in the property, but may enforce the performance of the trust. This declaration, however, was no innovation upon existing statutes, for it was simply a re-enactment of a provision of the Law of Hses and Trusts. (4 R. S. [8th ed.] 2438, § 60.)
It must be conceded, therefore, at the- very threshold of our inquiry that the defendant, as trustee under the will of Mrs. Oviatt, when he entered upon the execution of his trust, became invested
We think that,-prior to,'the attempted modification of the rule by legislative enactment, to which reference will be made later on, this question might have been answered in a general way by saying that an express trust could not be terminated or dissolved until the expiration of the time, or the fulfillment of the purpose, for which . it was created. . (1 R. S. 730, § 67; Watkins v. Reynolds, 123 N. Y. 211.)
The rule as thus stated is, nevertheless, like most other rules of law, subject, to exceptions, as. where unforeseen exigencies . arise which render the execution of a trust impossible or impracticable; in, which case a court of equity doubtless might decree a dissolution. But save in rare instances the courts have been exceedingly careful to assert. only a supervisory power, over, and. to protect rather than destroy, trust estates. '•
. It seems, however, that in 1893, and again in 1896, the Legislature, while- still asserting that the legal estate' of an express trust vested, in the trustee, and in him only, assumed to furnish a means by which the beneficiary could alienate his -trust, interest' and thus ■terminate the trust - without the consent of the trustee. (Laws of 1893, chap. 452; Laws of 1896, chap. 547, § 83.) This, legislation, it seems to us, comes dangerously near.the violation of the fundamental law of the State. For if, as in this case, the legal estate in the trust property vests in the trustee, it thereby becomes property in his hands, and it is difficult to see how it is within the province of either courts or Legislature to deprive him of 'that property without due process of law. (Const, art. 1, § 6.)
In a recent decision by the Court of Appeals the right of the courts to interfere with such interests is denied in this.- emphatic language : “We know of no power possessed by any court to compel a, trustee to .consent to a destruction.of the trust. * ' * * By ■ the 60th section of the Law of Uses and Trusts (4. R S. [8th ed.] ' 2438) the whole estate in the lands-embraced in the trust provisions of the will' is for .the time being vested-in the trustee, both in law and
And if the courts are unable to decree a destruction of a trust in opposition to the wishes of the trustees without doing violence to the Constitution, we fail to discover how the edict of the Legislature, even when clothed with all the formalities of deliberate enactment, and expressed in the faultless idiom which characterizes the amendment of 1893, can accomplish that object without encountering the same insuperable obstacle. (Powers v. Bergen, 6 N. Y. 358; Brevoort v. Grace, 53 id. 245 ; People v. Powers, 147 id. 104-109.)
■ It follows, therefore, that our conclusion upon the question submitted to us is, that the trust estate created by the will of Mrs. Oviatt was not destroyed by reason of the facts stated in the sub-. mission; that the same still exists, and that the defendant is entitled to enter a judgment to that effect, and also for the costs of this action.
Judgment ordered accordingly.’
All concurred, except Follett, J., not sitting.
Judgment ordered for the defendant, with costs.
