In re NEW YORK LIFE INS. & TRUST CO. In re SMITH’S ESTATE.(Supreme Court, Appellate Division, Second Department.Headnote
Wills <@=»3—Gifts to Charitable Corporations—Capacity of Corporations to Take—Statutes.A charitable corporation incorporated under Laws 1841, c. 118, made-subject to Laws 1860, c. 360, by Laws 1864, c. 57, amending the original charter, has legal capacity to take a legacy, for the amendment did not by implication make it subject to Laws 1848, c. 319, restricting the capacity of corporations to take testamentary gifts.
[Ed. Note.—For other cases, see Wills, Cent. Dig. § 3; Dec. Dig. <@=3J
Appeal from Surrogate’s Court, Rockland County.
Judicial settlement of the account of the New York Life Insurance & Trust Company, as executor of William Alexander Smith, deceased. From a*’part of the decree of the Surrogate’s Court (85 Mise. Rep. 636, 149 N. Y. Supp. 24 ), the New York Bible & Common Prayer Book Society appeals. Reversed.
Argued before JENKS, P. J., and BURR, CARR, STAPLETON, and PUTNAM, JJ.Charles L. Jones, of New York City, for appellant.
Francis C. Huntington, of New York City, for respondents Stewardson.
William R. Maloney, of New York City (Edward B. Boise, of New York City, on the brief), for respondents Smith.
Emmet & Parish, of New York City, for New York Life Ins. & Trust Co., as executor.
This court is of opinion that the appellant has legal capacity to take the legacy in question. It was not incorporated under chapter 319 of the Laws of 1848, but under a special act (chapter 118 of the Laws of 1841). While chapter 57 of the Laws of 1864, which amended the original charter, made the corporation subject expressly to chapter 360 of the Laws of I860, it did not, ex proprio vigore, make it subject to the still existing provisions of the act of 1848.