Majority
Headnote
Will—a direction that the income of real property be deposited until the expiration-of two years after a testator's death and then be paid over, is illegal.The defendant William Cranstoun, as executor and trustee of the last will of Nicholas H. Chesebrough, appeals from an interlocutory judgment entered upon- a decision of Mr. Justice Marean at Special Term in an action for partition of real property in the counties of Richmond and New York, to which all the heirs at law and next of kin of the testator are parties. At the trial the parties stipulated the following facts: The testator for thirty years maintained a resi
His wife having died, the testator, in February, 1899, added, a codicil directing Mr. Cranstoun, the surviving executor, to deposit the net income of his estate in some institution until the expiration of two years after the testator’s death and then to pay over the same to the persons above referred to or their survivors for the purpose already named. The persons named in the will refused to act as. trustees and released to the executor all the right, title and interest in the testator’s estate, and he in turn as executor released to-himself as trustee all the testator’s real property.
The appeal involves the question whether the title of the Hew York real estate vested at the death of the testator in his heirs at, law.
Mr. Justice Marean handed down the following opinion: “It
I have stated the facts merely to show the applicability of the opinion to the facts before us, and there is no necessity for elaboration of the law so succinctly stated by the learned justice at. Special Term.
The interlocutory judgment decrees that the real estate in this. State at the death of the testator vested in his heirs, that no other persons were interested therein and directs the sale thereof. This interlocutory judgment should be affirmed, with costs to the plaintiff, payable out of- the estate.
Bartlett, Woodward, Hirsqhberg- and Hooker, JJ., concurred.
■ Interlocutory judgment affirmed, with costs,
* Laws of 1896, chap. 547.—- [Rep.
Cases cited
- Garvey v. McDevitt 72 N. Y. 556 p. 580
- Allen v. Stevens 161 N. Y. 122 p. 580