
    Matter of the Judicial Settlement of the Accounts of George A. Stone, as Executor of Helen Torrance, Deceased.
    (Surrogate’s Court—Rensselaer County,
    December, 1895.)
    1. Will — Construction — Money in bank.
    A will, after giving various legacies to religious and charitable objects, provided as follows: ‘ ‘ Should there be any money in the bank to my .credit after the preceding sums have been paid, I give and bequeath the same to” a charitable association. There were not, at the time of making the will nor at the death of testatrix, sufficient moneys in bank to pay the general legacies, but at her death there were a large number of securities in the hands of the president of the bank, representing moneys which he had invested for testatrix as her financial agent. Reid, that the words ‘ ‘ moneys in the bank ” included such securities.
    2. Same — Statutory restriction as to bequests to charitable CORPORATIONS.
    Testatrix having left children, the bequests to charitable societies and corporations.in excess of one-half the estate were void.
    Judicial settlement of the accounts of the executor, involving the construction of the will of deceased.
    Helen Torrance died April, 1895, leaving a will hearing date May 20, 1890. She left her surviving sons, William M. Torrance and George R. Torrance, and a grandchild, Helen R. Torrance, a daughter of a deceased son. By her will she gave $5,500 to different religious and charitable objects, also $500 to R. D. Williamson. She also gave various articles of personal property to various persons.
    By the 7th clause of her will she provides as follows:
    
      “ Should there lie any money in the bank to my credit after ' the preceding sums have been paid, 1 give and bequeath the same to the board of ministerial relief of' the United Presbyterian Church of Korth America.”
    At the time of making the will, her estate in cash and securities'amounted to about $7,700, of which only $400 was in cash in the bank. At the time of her decease, testatrix had in the bank in cash $5,347.36, of which $3,052.50 was in the Troy Savings Bank, the balance in the Troy City Rational Bank, and securities amounting to $11,000. The money disposed of by her will in general legacies amounted to $6,500, including a legacy given to Mary Stone, of Troy,, of $500 by a codicil to her will dated March, 1894. .
    George A. Stone, the sole acting executor of her will, was. president of the Troy City Rational Bank and acted as agent of the deceased in investing her money, selling her securities and investing in others as he deemed it for her interest. It appears that the money of the deceased came from the principal sum of $92,000, left by her husband, from- which she received an income ranging from $2,000 to $5,000 or more a year. This income was received by Mr. Stone for her. She applied such portion of it as she chose for her support and other .purposes, and the balance he, without special direction from her and without her knowledge, invested from time to time in various securities. He states that she gave him no specific- directions upon the subject and had no knowledge of the character of the investments which he made until he informed her afterwards. It appeared that the amount she had to her credit in the bank, of which Mr. Stone was president, and subject to her draft, varied, sometimes only a few hundred dollars, at other times several thousand dollars. She kept a bank book and drew her money in the usual way by check.
    
      E. W. Douglas, for George A. Stone, executor.
    
      Clarence E. Akin, for the board of ministerial relief of the United Presbyterian Church of North America.
    
      
      George R. Donnan, for William W. Torrance, George R. Torrance and Helen N. Torrance, next of kin.
   Lansing, S.

The sole controversy in this cáse is as to the proper construction of the 7th clause of the will, which is stated above. A narrow and limited- construction of the clause, “ Should there be any money in the bank to my credit after the preceding sums have been paid (which amount to $6,000), I give to the board of ministerial relief,” would render that clause entirely inoperative. For, neither at the time of making her will, nor at her death, did she have enough money (strictly such) to her credit in the bank to pay the general legacies, and the result would be that the legacies which she had provided for the several objects of her bounty could not be paid in full,' and it is further obvious that she would die intestate as to the body of her estate, which consisted of securities in the possession of Mr. Stone, readily convertible into money, to the amount, at the time of her death, of $11,000.

The cardinal rule in the interpretation of wills, as other instruments, which must be followed if consistent with the rules, of law, is to ascertain the intent of the testator. • This intent must be first sought in the language of the instrument. The intent inferable from the language of one clause may be qualified or changed by other portions of the will evincing a different intent. Hoppock v. Tucker, 59 N. Y. 202.

Another rule is that every clause of the will must receive a reasonable construction and the whole rendered effective, if possible. Extrinsic evidence may also be employed, not to contradict the will, but to interpret it in accordance with the intent of the testator. When extrinsic evidence, properly introduced, creates an ambiguity in an instrument otherwise reasonable and clear in its language, the ambiguity may be explained by the same kind of evidence. Galen v. Brown, 22 N. Y. 37; Tillotson v. Race, 22 id. 126; Abb. Tr. Ev. 130, note; Matter of Hastings, 6 Dem. 307.

Another well-settled rule of interpretation of wills is that where a will- is capable of two constructions, one of which will dispose of the entire estate of the testator and the other leave a portion undisposed of, the .former will be adopted. Vernon v. Vernon, 53 N. Y. 351; Lamb v. Lamb, 131 id. 227.

Applying these rules of interpretation to this instrument, I am of the opinion that the testatrix intending, as' it must be assumed, to dispose of her entire estate by will, did not intend to cut down the provisions which she had made for the objects of her bounty to the sum which ■ she might chance to have at her deáth in cash at the bank, or subject her beneficiary in the 7th clause of the will to the hazard of receiving a nominal sum or none at all, if she did hot chance to have more than the $6,000 in cash to her credit at the time of her death.

The evidence shows at the time of making her will'she had only the. sum of $400 subject to draft at the bank, and she knew it. It further shows that Mr. Stone¿ the president of the bank, was her financial agent; handled her funds as he did his own, converting her securities into money and her money” into securities as he judged for her interest, informing her from time to time of what he had done. It further appears that at the time of the making of her will she was possessed of about $7,700, including securities and cash in the bank of $400, and that by her will, if she counted the securi- ■ ' ties as money, she' had sufficient to pay all the general legacies . in full, and about $1,700 would fall under the 7th clause of her will to the Ministerial Relief Association, which was a very reasonable disposition of her property in view of her apparent desire to dispose of it for benevolent purposes.

I am very clear, taking the will and all the circumstances together, and the fact that the will was prepared by a layman, that by the language money to my credit in the bank ” she meant not only her money, but also her securities in the hands of Mr. Stone, the president of the bank, using the word money ” as synonymous With and embracing securities; that by the phrase “to my credit in the ~bwih” she meant her money and securities in the hands of Mr. Stone, and that she intended to give the rest and residue of her estate to the board of ministerial relief. This, I think, is the only reasonable construction to be given to her language under the circumstances disclosed in this case. For at the time of making the will she directs, “ after the preceding sums have .been paid,” which amounted to the sum of. $6,000,.then “should there be any money in .the bank” to her credit, that the same should go to the board of ministerial .relief, showing clearly that she did not intend to die intestate as to any of her property, and also that she regarded the securities as money to her credit in the bank. This interpretation of her language renders all the provisions of the will operative, and is in harmony with the facts and circumstances connected with the disclosure of the value and situation of her estate and the production of the will. Treating then the $16,000 in the hands of Mr. Stone, her agent and executor, as “ money in the bank to her credit,” the general legacies must be first paid and the balance will fall in the 7th or residuary clause of her will, as the testatrix doubtless intended.

But there is an arbitrary statute which has not been considered, and was doubtless unknown to the testatrix and the

“Ro person having a husband, wife, child or parent shall by his or her last will and testament, devise or bequeath to any benevolent, charitable, * * * religious or missionary society * * * or corporation, more than one-half part of his or her estate after the payment of his or her debts, and such devise or bequest shall be valid to the extent of one-half and no more.” Chap. 360, § 1, Laws of 1860.

A testator cannot give to two or more charitable objects more than he can give to a single object, viz., more than one-half of his estate. Chamberlain v. Chamberlain, 43 N. Y. 425.

Where a testator makes devises which are invalid, he dies intestate" as to such portion as is not effectually disposed of by •will. Lefevre v. Lefevre, 59 N. Y. 446.

Applying this statute, to the distribution which would other- ' wise be made, it must be modified as follows:

(1) There must be deducted from .the entire estate the debts of testatrix, the expenses of administration, including commissions. v

(2) The remainder must be divided into two equal parts, one moiety of which must be distributed to the next of kin of the deceased” in accordance with the Statute of Distribution "out of the remaining moiety there must be paid the several legacies, amounting to the sum of $6,500, provided in the will, and the balance must be paid, under "the 7 th clause of the will, to the board of ministerial relief of the United Presbyterian Church of North America.

Decreed accordingly.  