Boehmcke v. McKeon

The plaintiff is the record owner of certain real property, and contracted to sell the same to the defendant, who has refused to perform on the ground that in the year 1878, in an action to foreclose a mortgage upon the property, the plaintiff’s title coming through the purchaser at the foreclosure sale, there was a defect of parties defendant, in that the residuary legatees and devisees under the will of Mary A. Jones, deceased, who owned the property in question at the time of her decease, were not made parties defendant, and that by reason thereof the equity of redemption, which the defendant supposed they had, has not been cut off. The decision of this controyersy requires an interpretation of the will of Mary A. Jones, deceased. If by reason of the language or the general scheme of that will there was an implied or express imperative power of sale to carry out its provisions, there was an equitable conversion of the real estate into personalty, and the residuary legatees and devisees under her will were not necessary parties to the foreclosure suit.

After providing for the payment of her debts, for the construction of a monument on her burial lot, and for a trust of certain specified real property, her will provided (1) for several bequests of specific personal property; (2) for the payment of several annuities; and (3) for the payment of several bequests of absolute sums of money. The twentieth paragraph of the will read;

“I direct that the annuities and yearly sums hereinbefore set forth shall l>e arranged and provided for as follows: My executors shall sell, mortgage or lease my real estate, at such times as they think most advantageous for the estate, and out of the proceeds thereof they shall pay the said annuities.”

By the twenty-first clause of her will the testatrix devised the residue of her estate, by providing that it should be divided into five equal parts, one of which should go to her brother John, two of which should go to her sister, one of which should go to Walter Henry, and the remaining part should be invested by her brother John, as trustee, who should pay the interest on that remaining part to her brother Charles and his wife as long as they may live together. She lastly nominated and appointed executors, giving them—

“Full power to mortgage, sell or lease any or all of my real estate that they deem practicable or necessary for the purpose of carrying the provisions of this will into effect."

Mary A. Jones died, leaving insufficient personal property to pay any of the legacies or annuities provided for in the will. The power of sale contained in the twentieth paragraph of the will, together with the general power of sale for the purpose of carrying into effect, must he construed as imperative; for without a sale it is doubtful whether the provisions in respect to annuities and bequests of specified sums of. money could have been complied with. A power of sale need not be express; but, when it is evident from the examination of the will that otherwise the testamentary scheme would be defeated, such power may be implied. Salisbury v. Slade, 160 N. Y. 278 -289, 54 N.

The judgment should b.e for the plaintiff, with costs. All concur.