Court Opinion

ID: 5213752
Source: CourtListenerOpinion
Date Created: 2022-01-06 16:18:26.832158+00
Date Added: 2024-06-11T08:27:24.378889
License: Public Domain

Houghton, J. :
This action is in partition, and during its pendency the plaintiff, Schuyler Hamilton, died leaving a last will and" testament by which he appointed his wife, Emma Gray Hamilton,-Henry Staton and Fletcher Hurst Montgomery executors. After probate of the will and the qualifying of the executors, they moved to be substituted as plaintiffs in the action in place of their deceased testator, on the ground that a trust was created by the will which vested title to his real estate in them. The will does not in express terms create a trust or devise real property to the executors, but it is insisted that a trust case be implied and that such was the intention of the testator.
After certain specific and money bequests the testator bequeathed and devised all the rest, residue and remainder of Ms estate to his daughter Alexandra and such other child or children as should be born to him “absolutely, subject however, as to an undivided onelialf of said property, both real and personal, to the right of my wife, Emma Gray Hamilton, to have, hold, use and enjoy the same and to receive and use the net rents, income and profit thereof, during the term of her natural life, for which said term I hereby give, devise and bequeath the said undivided one-half of said property both real and personal, to her as life tenant thereof.” Ho other children were born and the will operated only in favor of the daughter Alexandra, who is an infant. The testator empowered Ms executors to sell or mortgage his real estate during the minority of any child, and also made the further provision which reads as follows: “ I authorize and empower my said executors and trustees, or such of them as shall qualify, in their discretion, to sell my real estate of which I may die seized, and I also authorize them, upon the expiration of the said trust term, to partition ■ and divide my estate among the persons who shall then be entitled thereto. And I further authorize and empower my said executors and trustees, during the said trust term, in their discretion, to invest and reinvest the trust fund in addition to investments authorized by law in improved real estate and the bonds or stocks of any corporation provided said bonds.or stocks are listed upon the Hew York Stock Exchange and in the case of stocks, that they shall have paid dividends of not less than five per cent per annum for a period of at *456least five successive years immediately prior to the time of purchase.” Then follows' the clause nominating éxecntors, which .reads: “I nominate, constitute and appoint my wife, the said Emma Gray Hamilton, Henry Staton and Fletcher Hurst Montgomery as executors of this will and as guardians of the estates of my daughter Alexandra, and of any child or children which I may have by my said wife, during their respective minorities * * *. I authorize and empower my executors and trustees and guardians of the estate of my said child or children, in their discretion, to invest any moneys which may come into their possession pursuant to this will, in either of the aforesaid capacities, in the manner described in the fifth paragraph of this will” (above'quoted). The will further made provision for guardian of the "person as distinguished from the estate, of any of his infant children.
It seems to us that no title to real or personal property was devised or bequeathed to the executors tó hold in trust for any of the beneficiaries named in the will, and hence that no trust was created.
The testator’s interest in the/real property for the partition of which he brought action in . his lifetime, formed a part of the residue of his estate. All such residue was given absolutely to his ■ daughter Alexandra and such other' children as may have been born to him subject, however, to a life interest in one-half thereof in favor of his wife. Ho other ■ children were born and, therefore, Alexandra took all the residue subject to this interest of her mother. 'While the words “trust term,” “trustees” and “trust fund ” are employed, the language used by the testator is not. sufficient to vest title in his executors and thereby create a trust, nor were the duties imposed upon liis executors of such a character as that a trust can be implied. The executors are given a clear power to convey, but that is only a power unaccompanied by title. An absolute gift cannot be cut down and moulded into a trust by vague and indefinite language. The executors are nowhere required to pay . the income of such funds as they may invest over to the beneficiaries. Yery likely this might be implied if the other language of the will was sufficient to create a trust in them. There is .no specific direction to hold in trust the one-half given to the wife for life, and the implication of a trust in favor of the daughter is negatived by the *457fact that the executors are made testamentary guardians, and as such have an office to perform with respect to investing her prop-. erty during her minority. While the courts, if they can legally, should be and are guided by the-intentions of the testator in construing the provisions of a will they do not strain after a trust, or strive to cut down an absolute gift.
Our conclusion is that the executors as such had no such title as entitled them to be substituted as plaintiffs in the partition action in place of their deceased testator.
It follows, therefore, that the order must be reversed, with ten dollars costs and disbursements, and the motion denied, with ten dollars costs.
Ingraham, McLaughlin, Clarke and Scott, JJ., concurred.
Order reversed, with ten dollars costs and disbursements, and motion denied, with ten dollars costs.