Jones v. Watford
Decision Date | 18 November 1902 |
Citation | 64 N.J.E. 785,53 A. 397 |
Parties | JONES et al. v. WATFORD et al. |
Court | New Jersey Supreme Court |
(Syllabus by the Court.)
Appeal from court of chancery.
Bill by William H. Jones and others, as executors, against William Watford and others. Decree for defendants, and plaintiffs appeal. Modified.
Thomas B. Watford died testate October 27, 1899. His will was duly probated. After making certain bequests, he devised as follows: The last clause of his will reads, in part, as follows: His executors doubted whether the trust bequeathed to them was a valid one, and the heirs at law claimed that it was invalid, because indefinite, and that the residuary estate passed to them, as if the testator had died intestate. The bill was filed by the executors, and, among other things, prayed that the court might declare whether the devise of the residue of the estate was legal and valid. The decree of the court of chancery was advised by Vice Chancellor Grey.
Robert S. Clymer, for appellants.
Joseph T. Sickler, for respondents.
FORT. J. (after stating the facts). In this case there are cross-appeals. The decree of the court of chancery sustains the validity of the residuary clause of the last will and testament of Thomas B. Watford, deceased, the provisions of whose will relating to the questions before us are set out at the head of this opinion, but decrees that the executors named in the will "are not capable to take upon themselves and discharge the duties created by the said clause." This court affirms the decree appealed from, wherein it sustains the residuary clause of the testator's will, for the reasons given by Vice Chancellor Grey in Jones v. Watford, 62 N. J. Eq. 339, 50 Atl. 180. So much of the decree, however, as adjudges that the executors named in the will are not capable of taking upon themselves and discharging the trust, we think is erroneous, and should be reversed.
So much of the residuary clause of the testator's will as need be...
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In re Raimondo, Case No.: 05-51015 (DHS) (Bankr.N.J. 7/31/2007), Case No.: 05-51015 (DHS).
...on similar facts. See Morristown Trust Co. v. Work, 52 A.2d 64, 65-*66 (N.J. Super. Ct. Ch. Div. 1947); see also Jones v. Watford, 53 A. 397, *398 (N.J. 1902) (trustees are charged with the proper application of a trust under a will). However, assuming arguendo that this Court charged the D......