Aldridge v. Aldridge
Opinion of the Court
This action is to obtain a judicial construction of the will of Thomas Aldridge, deceased. The question presented oh this appeal arises under the 3d and 4th clauses of the will, and is whether under those clauses the remainder tó a child of the testator is subject to be divested by the death .of the child before the time of distribution. By the preceding clauses of the will the testator directed his .executors to convert all his real and personal property, with the exception of his brickyard, into money, and to divide the proceeds, after the payment of his debts, among his eight named children “equally, share and share alike, the child or children of any deceased child to take its parent’s share.” By the 3d clause the testator gave his brickyard property to his executors in trust during the life of his widow, to receive the rents and income, and out of the same to pay the widow an annuity of $1,000; the surplus, if any, to be divided between his said children “ heretofore particularly named, equally, share and share alike, the child or children of any deceased child to receive its parent’s share.” By the 4th clause he directed his executors, upon the death of his widow, to sell the brickyard property and “ to divide the proceeds arising fronrsaid sale, together with all money or moneys belonging to my said estate, equally among all my heretofore named children, share and share .alike, the child or children of any deceased child to take its parent’s share.”
The general rule is, as. claimed by the learned counsel for the appellants, that where there is no present gift, but a mere direction to divide at a future time a fund then to come into existence, futurity is of the substance of the gift, and the legatee to take the legacy must survive the time of distribution. (Warner v. Durant, 76 N. Y. 133; Delafield v. Shipman, 103 id. 463; Matter of Baer,
The judgment of the Special Term should be affirmed, with costs to all parties to be paid out of the estate.
All concurred.
Judgment affirmed, with costs to all parties to be paid out bf the estate.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.