Kimball v. Tilton

A testator gave the residue of his estate, real and personal, to a trustee in trust to pay one half of the net income to his wife for life, and to divide the other half between his wife, daughter and two sons, as the trustee should deem proper, and, on the death of the wife, to divide the entire net income among the three children during the life of the daughter, and, on the death of the daughter, to divide the entire trust fund into three equal parts and to pay one part to each of the sons and the remaining part to the issue of the daughter. Then followed a proviso, that if either son should die before the death of the daughter, leaving lawful issue then living, such issue should take the parent’s share; and for want of such issue on the part of either son, the one third directed to be given to them respectively, if liring at the decease of the daughter, should go to their heirs at law. One son died after the testator’s wife leaving one child, who subsequently died, and after this the daughter died. Held, that the son took a vested remainder in fee, which was capable of alienation.

Bill in equity by the trustee under the will of Eliphalet Kimball against Joseph B. Tilton and William Tilton, administrators of the estate of Stephen Tilton, and Eliza A. H. Kimball, widow of Edward R. Kimball and executrix of his will, and administratrix of the estate of Henry T. Kimball. The case was reserved, on the bill and answers, by Morton, J., for the consideration of the full court, and was as follows: On January 17, 1850, Eliphalet Kimball made his will, which, after providing for the payment of his debts, funeral expenses and charges of administration, proceeded as follows : “ All the rest, residue and remainder of the property and estate, real as well as personal, of which I may die seised or possessed, bf whatever the same may consist, and wherever it may be, I give, devise and bequeath to Julius A. Palmer, of said Boston, merchant, and Francis O. Watts, of said Boston, esquire, to have and to hold so much and such parts thereof as shall consist of real estate to them, the said Palmer and Watts, the survivor of them, and the heirs and assigns of such survivor, and so much and such parts thereof as shall consist of personal property to them, said Palmer and Watts, the survivor of them, and the executors, administrators and assigns of such survivor; in trust, however, for the following uses and purposes, namely, in trust to hold, manage and improve the same, with authority at all times to sell the same, or any parts or parcels thereof, and the net proceeds to reinvest at their discretion, and so from time to time, and after paying taxes, insurance and all incidental charges, in pay and dispose of the net income of said trust fund, property and estate as follows; namely, one half part thereof to my beloved wife Lydia Kimball, for and during the full term of her natural life, and the other half of said net income to divido among my said wife and my three children Augusta Kimball, James William Kimball, and Edward R. Kimball, or such of them as shall be living, in such proportions as to my said trustees shall from time to time seem proper, for and during the full term of the natural life of my said wife; and after the decease of mj said wife to divide the net income of said trust fund, property and estate among my said three children in such proportions as to my said trustees may from time to time seem proper, during the full term of the natural life of my said daughter, the share, if any, of the income of either of my said sons, in case of his decease before the death of my said daughter, to go to his lawful issue, who are to take by right of representation, and for want of such issue, to his heirs at law. And after the decease of my said wife and my said daughter, it is my will that said trustees divide the whole trust fund, property and estate, with all proceeds thereof, principal as well as any remaining income or interest, into three equal parts, of which I direct said trustees to account for, convey and pay, one to my said son James William, one to my said son Edward R., and one to the lawful issue of my said daughter Augusta, to have and to hold so much thereof as shall consist of real estate to them, respectively, and their respective heirs and assigns, and so much thereof as shall consist of personal property to them, their executors, administrators and assigns, to their use and behoof forever. “ Provided, however, that if either the said James William or Edward R. shall have deceased before the death of my said daughter, leaving lawful issue then living, such issue shall take the parent’s share; and for want of such issue on the part of either of my said sons, the share or one third hereinbefore directed to be given and accounted for to them, respectively, if living at the decease of my said daughter, shall go to their heirs at law, to have and to hold to them, respectively, and their respective heirs, executors, administrators and assigns, to their own use and behoof forever.” Eliphalet Kimball died on April 17, 1855, leaving his widow, Lydia, and three children, Augusta Kimball, James W. Kimball, and Edward R. Kimball. The will was admitted to probate, and the persons named in the will as trustees were duly qualified as such. They afterwards resigned the trust and the plaintiff was appointed trustee in their stead. Lydia Kimball died August 20, 1855. Edward R. Kimball died, testate, November 17,1869, leaving a widow, Eliza A. H. Kimball, and one son, Henry T. Kimball, who died May 5, 1873, about fifteen years of age. Augusta Kimball died November 9, 1873. leaving no issue. On January 21, 1865, Edward R. Kimball borrowed and received of Stephen Tilton the sum of $5000, and to secure payment of the same conveyed to him by an instrument absolute in form, but intended as a mortgage, all his estate and interest under the will of Eliphalet Kimball. After this conveyance was made the plaintiff, as trustee of said estate, advanced certain sums of money to Edward R. Kimball, under agreements, to which Tilton was a party, he surrendering his rights in the estate until the plaintiff should be paid, and Edward R. agreeing that the plaintiff should withhold all the net income that would go by the terms of the will to him or his lawful issue, until said sums were fully paid.