Stead v. American Security & Trust Co.

173 F.2d 650 | D.C. Cir. | 1949

PER CURIAM.

The question here involves an application of the cy pres doctrine to perpetual charitable trust created by the will of the late Robert Stead, providing, inter alia, that: “The unimproved lots owned by me in Square 1065, and described as Lots 16 to 29, both inclusive, shall be converted into and maintained by my said trustees as, a playground for the children of Washington, D.C., to be known as Mary Force Stead Playground in memory of my first wife; and the net income from the improved lots in said Square owned by me and described as Lots 30 to 33, both inclusive, shall be devoted to the preparation of said lots 16 to 29 for the use aforesaid and to the maintenance thereof.” All interested parties conceded that it would now be impracticable to establish and maintain a playground upon the land devised because of the present unsuitability of the site and the insufficiency of income. In these circumstances, the heirs claimed the property by reason of a failure of the trust. However, the District Court held that the devise was supported by a general charitable intent; that the dominant purpose was to establish a playground, rather than use the designated site; therefore, that the trust should be applied as nearly as might be to effect the charitable scheme. Accordingly the court approved a plan whereby the trust income would be applied towards the maintenance of a playground on public space, to be known as the Mary Force Stead Playground, with an appropriate memorial tablet.

In our opinion the District Court was right. The judgment is

Affirmed.