Pope , 1 Davis. L. Ct. Cas. 175 ( 1904 )


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  • In tbis case the Examiner raises tbe question whether title will pass from one set of trustees to another without either a deed of conveyance or appointment by the Probate Court, a question which seems to he left by the text books as somewhat in doubt, and on which there are no decisions under the present statutes. Notes on the Revised Laws, Chap. 147, Sec. 6; Notes on Common Forms, p. 226; Fuller’s Probate Law, Chap. 147, Sec. 6.

    The declaration of trust under which this property is held provided fully for the resignation and removal of trustees and the appointment of new trustees in their place, and further provided that “ each and every new trustee shall have the same power, right and interest touching the trust estate, and be subject to the same duties as the original trustee appointed hereunder.” Trustees have died, resigned and been removed, and new trustees have been appointed in accordance with the terms of the declaration.

    Under the General Statutes (c. 100, sec. 9) title vested by operation of law in a new trustee appointed by the Supreme Judicial or Probate Court.

    This provision applied solely, however, to an appointment made by the Court in its judicial capacity and under its statutory authority. Where a new trustee was merely “ named ” by a Judge of one of those Courts as the person *176designated for that purpose by the instrument creating the trust, the statute did not apply and title did not pass to such new trustee thereunder. Nat. Webster Bank v. Eldredge, 115 Mass. 424.

    After the decision in the Webster Bank ease, and apparently in consequence of it, Chapter 254 of the Acts of 1878 was passed, providing that the provisions of Section 9 of Chapter 100 of the General Statutes should apply to trustees “ chosen or appointed in conformity to any written instrument creating a trust in place of former trustees thereunder.”

    Although Webster Bank v. Eldredge is cited in Mr. Crocker’s Notes on the Statutes (Notes on Public Statutes, p. 368, Notes on Revised Laws, p. 460), the Act of 1878 seems to have escaped observation.

    Chapter 141 of the Public Statutes, Section 6, provided that a new trustee appointed by the Probate Court in judicial proceedings or appointed in the place of a former trustee in conformity with a written instrument creating a trust, shall have the same powers, rights and duties as if he had been originally appointed, and the trust- estate shall vest in him in like manner as in the trustee in whose place he is substituted, and the Court may order any conveyances which it may deem proper or convenient to vest the estate in the new trustee. This left out the phrase “ chosen or- appointed ” employed in the 1878 act, but it was clearly not intended to change the law and thereby eliminate such cases as the one at bar from the operation of the statute. The word “ appointed ” must be held to cover all methods of designation of the new trustee, either by the' Court in conformity with its statutory authority, or otherwise in conformity with the provisions of the instrument creating the trust.

    In the Revised Laws, Chapter 147, Section 6, the clause providing that the trust estate shall vest in the new trustee has been omitted, while that providing thát the 'Court may *177order such conveyance as it may find proper or convenient to vest tbe estate in tbe new trustee bas been retained, and tbis obviously troubles tbe Examiner. Tbe omission of tbe clause as to tbe estate vesting must be deemed to be merely for tbe purpose of effecting wbat tbe Commissioners on tbe revision of the statutes considered tbe elimination of unnecessary verbiage, and not a material change in tbe law. Tbe statute still provides that tbe new trustee shall have tbe same powers, rights and duties as if be bad originally been appointed. Tbe retention of tbe clause providing for a conveyance seems to relate solely to tbe case of a new trustee appointed by tbe Court. Tbis last clause itself might perhaps have been much better omitted, as is very vigorously suggested by Judge Fuller in bis notes on tbis chapter above cited.

    On tbe whole however it would appear that whether under tbe provisions of Chapter 254 of tbe Acts of 1878, Chapter 141 of tbe Public Statutes, or Chapter 147 of tbe Revised Laws, no conveyance is necessary from an old to a new trustee chosen or appointed in'bis place in conformity with tbe provisions of a written instrument creating a trust, but that tbe estate vests by operation of law.

    Decree for petitioner.

Document Info

Citation Numbers: 1 Davis. L. Ct. Cas. 175

Filed Date: 10/15/1904

Precedential Status: Precedential

Modified Date: 9/8/2022