Jackson Square Loan & Sav. Ass'n v. Bartlett
Decision Date | 21 November 1902 |
Citation | 53 A. 426,95 Md. 661 |
Parties | JACKSON SQUARE LOAN & SAVINGS ASS'N OF BALTIMORE CITY v. BARTLETT et al. |
Court | Maryland Court of Appeals |
Appeal from circuit court of Baltimore city; Henry Stockbridge Judge.
Suit by the Jackson Square Loan & Savings Association of Baltimore City against Alice R. Bartlett, as trustee under the will of Vashti Bartlett, and another. From a decree for defendants complainant appeals. Affirmed.
Argued before McSHERRY, C.J., and FOWLER, BRISCOE, BOYD, SCHMUCKER PAGE, PEARCE, and JONES, JJ.
Charles B. Backman and Laurie H. Riggs, for appellant.
Frank Gosnell, for appellees.
This is an appeal from a decree of the circuit court of Baltimore city, passed in a case stated, construing the will of the late Vashti Bartlett. The only question presented by the record is whether the equitable interest of the testatrix's son, George W. B. Bartlett, in the trust estate created by her will is liable to attachment under a judgment against him held by the appellant. The testatrix, by her will, after making several minor bequests, gave the residue of her estate to John H. Heald (now deceased) in trust, as to one-half, for the benefit of her son-in-law Charles W.C. McCoy, for life, with remainder to his children and, as to the other one-half, for her son, George W. B. Bartlett, in the manner hereinafter set forth, for his life, with remainder to his children. The income of the share to be held in trust for the son-in-law was directed to be paid to him as it accrued during his life, without any restriction, but the income of the son's share was limited by the terms of the following clause of the will: It appears from the record that George had at the death of the testatrix a wife and four children, all of whom are still living. By an earlier clause of the will the testatrix forgave her son George a number of debts, "with all interest and arrears of interest thereon," and it is admitted in the record that she had prior to her death paid his debts and obligations to the extent of a large sum of money. The corpus of the estate held in trust under the will for the son does not exceed $5,000 in value, and it consists of securities in the hands of the appellee Alice R. Bartlett, who has succeeded to the office of trustee under the will. The appellant, having recovered its judgment against the son, George, sued out an attachment thereon, and caused it to be laid in the hands of Alice R. Bartlett, trustee, with the intention of binding the equitable life estate of the defendant in the trust estate. There was no income in the hands of the trustee at the time of the laying of the attachment, but before the...
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