Trust Co. of New Jersey v. Lange
Decision Date | 03 January 1938 |
Citation | 195 A. 859 |
Parties | TRUST CO. OF NEW JERSEY v. LANGE et al. |
Court | New Jersey Court of Chancery |
Syllabus by the Court.
It is the general rule that, in the absence of a controlling equity or of an express or implied provision in the will to the contrary, where an estate is given to a person for life, with a vested remainder in another, the remainder takes effect in possession whenever the prior gift ceases or fails in whatever manner. The death of the life tenant before that of the testator simply accelerates the time when the devise over becomes operative, as does also the revocation by the testator of the bequest of the life estate.
Suit by the Trust Company of New Jersey, executor and trustee under the last will and testament of Frederick Lange, Jr., against Georgiana Fallert Lange and others.
Decree in accordance with opinion.
Levenson, Comen & Levenson, of Union City, for complainant. Robert F. McAlevy, Jr., of Hoboken, for defendant, Georgiana Fallert Lange. Kappes & Hille, of Union City, for defendant North Hudson Hospital. Marshall Van Winkle, of Jersey City, for defendant Christ Hospital of Jersey City. John J. Fallon, of Hoboken, for defendants Joan Messmore, infant, by Virginia Messmore, her guardian ad litem, and St. Mary's Hospital.
EGAN, Vice Chancellor.
The complainant, as executor and trustee under the last will and testament of Frederick Lange, Jr., asks for (1) a construction of said will; (2) a decree as to the rights and interests of the parties mentioned in the bill of complaint; (3) if the bequest in paragraph 3 of the bill has lapsed, and if so, what disposition should then be made of it; (4) what are the rights of Emil Stock in the bequest mentioned in paragraph 7 of the bill, and what disposition should be made of it; (5) a determination of the rights of North Hudson Hospital, and such other persons who might, or could, benefit under paragraph 12 of the will, and more particularly mentioned in paragraph 10 of the bill, and what disposition should be made of said bequests; and (6) a declaration of the rights of the persons mentioned in the will and instructions and directions to the complainant with reference thereto.
The solicitors of the interested parties stipulated the facts in writing. Emil Stock, in open court, stated on the record, that he consented to the stipulation filed herein on June 28, 1937, which reads as follows:
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Tizard v. Eldredge
...impossible of performance through no fault of the testator, the bequest does not become absolute, but lapses. Trust Co. of N.J. v. Lange, 123 N.J.Eq. 1, 195 A. 859 (Ch. 1938); Frost v. Blackwell, 82 N.J.E.q. 184, 88 A. 176 (Ch. Plaintiff argues that the words were merely precatory and not c......