Majority
Headnote
Deed—Reservation—Construction.John Towler, the father of the plaintiffs, Maximilian J. L. Towler, Agnes B. P. Morgan and Caroline L. Smith, did on the 20th day of June, 1881, execute and deliver to these his children, a deed of certain real estate in the village of Geneva, N.Y., containing the following habendum and reservation clauses : “ To have and to hold the above granted premises unto them, the parties of the second part, their heirs and assigns, as tenants in common and not as joint tenants, and subject only to the reservations thereinafter stated.”
“Reserving to the party of the first part an estate in said granted premises for and during the term of his natural life, so that the •estate hereby granted to the parties of the second part shall only wqst in possession upon the death of the party of the first part.
“And further reserving to the party of the first part the power to devise, by last will and testament, an undivided one-third part •of said premises unto any hereafter taken wife of him, the party ■of the first part, for and during the term of her natural life, or (at ¡his option) to give and gfant, by deed, to said hereafter taken ■wife, or to any person in trust for her, the same undivided one-third part of said premises for and during the term of her natural life, * * * and the said John Towler, • the above granted ■premises, in quiet and peaceable possession of the parties of the second part, their heirs and assigns, will warrant and forever defend, subject only to the reservations herein above expressed.”
After the date and delivery of this deed, and on the 6th day of August, 1881, the grantor, John Towler, intermarried with the defendant, Blanche Towler. He died on the 2d day of April, 1889, without having exercised the right reserved by him to convey, either by deed or will, to his subsequently taken wife a life estate in one-third of said premises.
The learned justice, in his decision, has held that the power reserved in this deed to devise or to convey to any aftertaken wife, or to some person in trust for such wife, an undivided one-third of the premises for life, was a special power in trust; and that the execution of such power was imperative upon the decedent, and that-the same, if valid, would be enforced in equity. But he further held that such limitation of a life estate might operate to suspend the power of alienation for a period longer than two lives in being at the time of the execution of the deed, and that, consequently, such a life estate to an aftertaken wife was void.
An ingenious and subtle argument covering much of the learning relating to trusts and trust powers has been addressed to us by the learned counsel for the appellant, designed to show that this reservation was a power in trust, and that it was also capable of being enforced in equity, and was not obnoxious to the criticism placed upon it by the learned trial justice in his decision and in his opinion.
But as we view this deed no complex question of the nature
.If this be correct, it follows that the judgment appealed from should be affirmed.
Judgment appealed from affirmed, with costs.
Dwight, P. J., and Lewis, J., concur.