194 Iowa 1290 | Iowa | 1922
‘ ‘ 2nd: In consideration of the agreements and stipulations hereinafter set forth on the part of the said Mrs. Betsey Peterson, party of the second part, I, P. A. Sederquist, party of the first part, do hereby agree and bind myself, my heirs, administrators, executors, and assigns, that at my death the said Mrs. Betsey Peterson, party of the second part, shall have as, her property a life estate fox and during the natural life of the said Mrs. Betsey Peterson, which shall continue as long as she shall live, unless she should remarry, and in that event her said life estate shall, upon her remarriage, cease, with remainder over; said life estate consisting of and being the rents and profits of all the property, real, personal, and mixed, of which I shall die seized after the payment of my debts. And I further give her, and by these presents do bind my heirs, administrators, executors, and assigns, in fee simple, and she shall have an absolute title to the north half of the northeast quarter and the north eight of the south half of the northeast quarter of Section twenty-seven (27), Township seventy-one (71) north, Range thirty-eight (38) West of the 5th Principal Meridian, being ninety (90) acres, more or less, according to the government survey, and also the north one hundred and twenty (120) feet of Sublot one (1) of Lot six (6) of the north half of the northwest, quarter of the northeast quarter of Section twenty-eight (28), Township seventy-two (72) north, Range thirty-eight (38), west of the 5th Principal Meridian, which is hereby given to the second party and is accepted by her in‘lieu and stead of any dower, rights of inheritance, homestead, or any interest whatsoever kind and nature that now or hereafter may exist under and by virtue of the laws of the state of Iowa, or that may exist at the time of my decease by virtue of any law or laws of the state of Iowa relating to husband and wife, inheritance,
The plaintiff is the son of P. A. Sederquist by a former marriage, and the defendants are the surviving heirs of Mrs. Betsey Peterson by a former marriage. At the time the contract was entered into, P. A. Sederquist owned the homestead in Red Oak which is involved in this controversy, and Mrs. Peterson owned an undivided one-third interest in the homestead of her former husband, and in 200 acres of land in Montgomery County. On the ’same day that, the antenuptial contract was signed, P. A. Sederquist executed a warranty deed conveying to Mrs. Peterson the property described in Paragraph 2' of the contract, for an expressed consideration of $1.00 and other valuable consideration. Both instruments were duly acknowledged on March 16th and filed for record in the office of the county recorder of Montgomery County, March 22, 1909. P. A. Sederquist, at the time of the marriage, was 66 years of age, and in feeble health. Mrs. Peterson was a few years younger, and in good health. Mrs. Sederquist predeceased her husband.
The provision in the contract for the termination of the life estate, which by its terms is given to Mrs. Peterson so long as she remained the widow of her deceased husband, makes no reference, directly or indirectly, to the deed or the real estate conveyed thereby to Mrs. Peterson. The deed is absolute in form, and the language of the contract would seem to leave no doubt that the conveyance of a fee-simple title was intended by the parties. It is true that the purpose of the antenuptial contract was to settle and adjust the interest Mrs. Peterson would have in the estate of her prospective husband, in the event she survived him; but that was not the sole purpose thereof. It was a contract of marriage, and a part of the consideration therefor was the conveyance by Sederquist to Mrs. Peterson of the real estate described therein. The contract does not fix the interest which Sederquist should have in the property of Mrs. Peterson if he survived her. The evidence shows, however, that she sold her interest in the farm and city property, and that Sederqiiist received no part of the proceeds of the farm. The record is silent as to what became of the proceeds of the sale of the city property. After the marriage, the parties resided in the residence property conveyed to Mrs. Peterson.- Sederquist continued to manage the 90-acre farm, to pay the taxes thereon, and to lease it and collect the rents. Mrs. Sederquist apparently assumed no control over the leasing or management of the farm, but she appears to have paid at least one special assessment against the residence property, and an occasional controversy arose between the parties as to who should pay for repairs upon
Further discussion of the evidence is unnecessary. The conclusion that P. A. Sederquist intended to vest an absolute title in Mrs. Peterson to the land described in the contract, and that her 'right thereto was not to depend upon survivorship, would seem to be the only reasonable one. The failure of Mrs. Sederquist to assume control of the farm is not inconsistent with the claim now asserted by her heirs. The contract seems to have contemplated that her husband should retain the management and control thereof. "Whether the contract was a provident one, is not a matter of our concern. Although a guardian was subsequently appointed for Sederquist, the evidence wholly fails to show that he was not competent to enter into the contract in controversy. The decree of the court below is right, and is, therefore, — Affirmed.