3. Absolute gift cut down by subsequent limitation. A gift absolute in form may
be cut down by a subsequent limitation disposing of the same property in a
different manner upon the happening of a contingency. Id.
-4. Equitable conversion. As said will in other clauses effected an equitable
conversion of the realty into money, and by the carrying out of specific trusts
postponed the division of the residuary estate, the whole instrument taken
together shows an intention on the part of the testator to leave the residuary
estate to the survivors of the legatees named. Id.
5. Charge when error to charge that jury may find testamentary incapacity.
In an action to set aside a will on the ground of testamentary incapacity and
undue influence, it is error to charge that There is in this case enough to
warrant you in finding that this will was the product of undue influence, or in
finding that he was incompetent to make a will. It is competent for you to
find that, and it is for you to find one way or the other. The court cannot aid
you much in reaching a conclusion, but there is no legal obstacle in the way of
your finding that this will is void because the man was incompetent to make the
will, or because it was the product of undue influence."
Such charge is tantamount to a direction to find testamentary incapacity or undue
influence, and usurps the functions of the jury. Niemann v. Cordtmeyer, 326.
6. Discretionary power of disposal by widow. ·when widow may exercise such
power by a devise charged with advancements to other heirs. When a will gives to
the testator's widow a life estate in certain real property with power "to devise
the same by her last will and testament * * * to any or all of our children
or grandchildren or both in such shares or proportions as to her shall seem best,”
and in the event of a failure to exercise such power of disposal by the widow the
will gives said property in remainder "to my children," etc., the widow has
power to devise a portion of said real estate to a granddaughter of the testator
charged with deductions equal to the amounts the testatrix has advanced to the
father and brother of said granddaughter then living. Monjo v. Woodhouse, 80.
7. Devisee estopped. As the testatrix, under her husband's will, had power to
cut off such granddaughter entirely, she cannot complain because the devise is
charged with said deductions.
Nor can she contend that there was a failure by the widow properly to exer-
cise the power of disposal, for in that event the share of the lands would go to
the father of said granddaughter then living. Id.
8. Conveyance by warranty deed for full value shows intention to exercise power.
When the devisee of a life interest, who was also named executrix with full
power to sell real estate, sells lands for full value and gives a warranty deed,
the transaction itself shows an intention to exercise the power to convey the
fee and not the life estate only.
Hence, the rights of a remainderman as against the grantee are cut off. Vines
v. Clarke, 12.
9. Power coupled with interest. When the donee of a power to sell has also an
interest in the subject of the power and makes a conveyance without reference to
the power, it is a question of intention as to whether the conveyance was in
pursuance of the power or only a grant of the interest. Id.
10. Husband not necessary party to wife's deed. It is not necessary for the husband
of a donce of such power coupled with an interest to join in the wife's conveyance.
Id.
Trust-beneficiary entitled to "dividends, issues and profits" of stock in
manufacturing corporation- what portion of increase in assets of corporation
included under said terms.
Partition - when direction for sale of premises proper although there are
contingent interests.