This is an action brought by the plaintiff against the defendants, who are trustees under the last will and testament of Maria S. Hubbard, deceased, and under the decree of distribution in the estate of Maria S. Hubbard, deceased, to recover the sum of seven hundred dollars -claimed to be due as an annuity from the date of the death of the said Maria S. Hubbard, which occurred on the thirtieth day of August, 1917, to the first day of November, 1919, when the trust estate finally came into possession of the defendants under the decree of distribution in said estate. Judgment was for the defendants in the trial court, and plaintiff appeals from said judgment.

Under the will of said Maria S. Hubbard, all of her estate, after the payment of her debts and expenses of administration (except personal effects, such as jewelry, wearing apparel, ornaments, and bric-a-brac), was given to defendants, as trustees, to invest and manage the same and collect all the profits thereof, and out of the balance remaining, after paying the expenses of the trust, to “pay to my sister, Mrs. Flora B. Clayes, the sum of fifty (50) dollars per month during her natural life.” Other specific sums were to be paid to other parties; then the will provides: “And the remainder of such income they shall pay in equal shares to my daughters, Maria Hubbard Cronise and Eliza Fitch Hubbard Middlecoff, during their natural lives,” etc.

It is the claim of the appellant that these provisions of the will make the bequest to Mrs. Clayes an annuity and, therefore, that it is payable from date of death. The appellant contends that the question involved in this ease is clearly settled by subdivision 3 of section 1357 of the Civil-Code, which provides as follows: “An annuity is a bequest of certain specified sums periodically; if the fund or property out of which they are payable fails, resort may be had to the general assets, as in case of a general legacy,” and also, that if it be determined that this bequest is an annuity, the conclusion that it was to commence at the date of the testatrix’s death is inevitable under section 1368 of the Civil Code, which is as follows: “Legacies are due and deliverable at the expiration of one year after the testator’s decease. Annuities commence at the testator’s decease. ’ ’

It is the contention of the respondents that “the last will and testament of Maria S. Hubbard, deceased, did not create an annuity in favor of appellant in legal contemplation, but created a gift of income,” citing Corpus Juris, volume 3, at page 201, as follows: “There is a distinction between an income and an annuity; the former embraces only the net profits and may be uncertain in amount; the latter is a fixed amount directed to be paid absolutely and generally without contingency. A simple gift of the interest upon a specific principal sum, although stipulated to .be paid annually, is not an annuity but merely a gift of income. Much less can the gift of the income of a specified portion of an estate, including real as well as personal estate, be considered an annuity.”

That the said Maria S. Hubbard did not intend to create an annuity in favor of her sister, Mrs. Flora B. Clayes, we think is quite apparent from the terms of her will.

As before stated, under the will of said Maria S. Hubbard,all of her estate, after the payment of her debts and expenses of administration (except personal effects, such as jewelry, wearing apparel, ornaments, and bric-a-brac), was given to the defendants, as trustees to invest and manage the same and collect all the profits hereof, “and out of the interest and income derived from the moneys by them so invested and kept invested, and out of the rents, issues and profits by them received from such real property, they, said .trustees, shall pay all taxes levied and assessed upon the trust property either by state, county, city or other duly constituted and established authority, and such premiums for insurance as may be required to be paid in order to afford reasonable protection to any of such property as against loss or damage by fire, and such sums as may be required to be expended in the necessary repair, protection and improvement of any such property, and in the necessary expenses of this trust, including a reasonable sum for their services in the performance of the duties of their trust, and out of the balance of such interest, rents, issues, and profits, they, said trustees, shall pay to my sister Mrs. Flora B. Clayes, the sum of fifty (50) dollars per month during her natural life. ...”

As will be observed, it is expressly provided in said will that the trustees shall invest the trust property and out of the balance, of the rents, issues, and profits, pay to Mrs. Flora B. Clayes the sum of fifty dollars per month during the term of her natural life. Under this will it was necessary for the trustees to receive the trust property and invest the same, so as to obtain an income before it was possible for them to make any payment to Mrs. Clayes under the terms of the will.

It is true that the trustees named in the will of Maria S. Hubbard, deceased, were also the executors of said will and served in that capacity, but they did not qualify as trustees until they as executors had completed the administration of said estate and distributed the same. They did not become trustees under the will and decree of distribution before October 29, 1918, and no part of the estate came into their possession as such trustees prior to said twenty-ninth day of October, 1918, and the court found, “That defendants did^hot receive nor did there come into the possession of said defendants as such trustees, any rents, issues, or profits produced from the property of said estate prior to the first day of November, 1918.”

The court further found, “That the expenses of administration of the said estate, including taxes, state and national, exceeded the sum of one hundred thousand dollars ($100,000), and that the expenses of said administration consumed all the income arising from rents, issues, and profits from said estate during the time of said administration, and that said expenses of administration, including taxes, state, and national, also required the expenditure by said executors of a portion of the corpus of said estate.”

In the Estate of Brown, 143 Cal. 450 , [ 77 Pac. 160 ], the testatrix by her will gave to two trustees the sum of five thousand dollars in trust for the following uses and purposes, and not otherwise:

The beneficiary in that case claimed that the testatrix had created an annuity in her favor, and that the same was payable from the date of the death of the testatrix. The court said: “The appellant cites in support of her claim to payment from date of death section 1366 of the Civil Code, as follows: ‘In case of a bequest of the interest or income of a certain sum or fund, the income accrues from the testator’s death.’ If this section was applicable, of course the appellant would be entitled to the monthly payments from the time of the death of the testatrix. But the bequest in this case was not of the interest or income of a certain sum to be paid by the executors of the estate. The testatrix bequeathed the sum of five thousand dollars to certain trustees, and the monthly income was to be paid by the trustees, and not by the executors. Necessarily, the trustees could not begin payment until they received the fund and invested it so as to produce an income. The intention of the testatrix must therefore have been that payments were not to begin until the fund from which it was to be produced was distributed to the trustees, who were to make the payments.”

The above case is directly in point with the case at bar; for in that ease the property from which the payments were to be made was distributed to trustees and the monthly payments were to be paid by the trustees and not by the executors, and the reasoning of the court in that case to the effect that the trustees could not begin payment until they received the fund and invested it so as to produce an income, and that “the intention of the testatrix must therefore have been that payments were not to begin until the fund from which it was to be produced was distributed to the trustees,” applies with equal force to the case at bar.

In the Estate of Mackay, 107 Cal. 303 , [ 40 Pac. 558 ], the testator bequeathed the sum of fifteen thousand dollars to the executors of his will in trust, with directions that they invest said sum in such securities as they deemed advisable, and to pay the income to the beneficiary during her life. The supreme court held that: “The legacy in question is, by its terms, made to the executors named in trust for the purposes therein expressed. It is not a legacy payable direct to the respondent, and under no circumstances is she entitled to receive any part of the principal sum bequeathed. That sum is to be received and held by the trustees, and they are the only parties to whom the probate court can order it, or any part of.it, to be paid. Such an order would constitute a distribution (partial or final).

“The right of the respondent is merely that of the beneficiary of the trust, and is confined, by the terms of the will, to the receipt of the income to be derived from an investment of the trust fund. This investment is directed to be made by the trustees, and, until the fund is distributed to the latter and an investment of it made, there can be no ‘income’ to be paid to the respondent. . . . The will, as we have seen, gives her nothing directly from the estate, much less is she to receive anything from the general assets of the estate. All that she is entitled to is payment by the trustees of the income of the specific fund after distribution of such fund to them.”

• Appellant cites the case of Crew v. Pratt, 119 Cal. 131 , [ 51 Pac. 44 ], “as determinative of the case at bar.” But we do not think that this case ,sustains appellant’s contention. In that case the will of the testator provided that the trustees should hold and manage the trust for seven years from and after the death of the testator, and the will also directed that the trustees should “provide and turn over to Mrs. Lizzie B. Pratt, my wife, the sum of seven thousand five hundred dollars ($7,500.00) each year for the following seven years, for her maintenance, the. same to be paid in semi-annual installments of three thousand seven hundred and fifty dollars ($3,750.00) each, the first as soon after my decease as sufficient funds for the purpose shall come into their possession, and the remaining ones at the end of every six months afterward.” Here it clearly appears from the will itself that the testator intended that the payment of seven thousand five hundred dollars yearly to his wife should commence at the time of his death, for the reason that the trust created by the will had but seven years to run from and after the death of the testator, and the trustees were directed to pay the first installment of three thousand seven hundred and fifty dollars as soon after the death of the testator as sufficient funds for that purpose should come into their possession, and tie remaining ones at the end of every six months afterward.

It is clear to us that under the will of Maria S. Hubbard the appellant was not entitled to receive monthly payments, or any payments during the time the estate was in course of administration or prior to the time it was distributed to the trustees.

The judgment is affirmed.

Hart, J., and Burnett, J., concurred.

A petition to have the cause heard in the supreme court, after judgment in the district court of appeal, was denied by the. supreme court on October 26, 1920.

Angellotti, C. J., Shaw, J., Lawlor, J., and Olney, J., concurred.