In 1971 the appellant, James F. Brown, and appellee, Amanda Brown Smith, were granted a divorce in the Sebastian County Chancery Court. A property settlement agreement entered into between the parties prior thereto was approved by the court and incorporated in its decree. Their agreement provided that the appellant should pay to appellee for the support and maintenance of their daughter the sum of $125 per month and for the support and maintenance of their son the sum of $175 per month, said payments to continue “until said children obtain majority or marry, whichever occurs first.” The agreement recited that the reason for the larger sum being awarded for the support of the minor son was due to the requirement that he receive special education beyond the requirements of an average child.
At the time these agreements were made in 1971 our law provided that all males under the age of twenty-one years were deemed to be minors. Ark. Stat. Ann. § 57-103 (Repl. 1973). In 1975 the legislature changed the law by providing that all persons upon reaching the age of eighteen years shall. be considered to have reached the age of majority. Ark. Stat. Ann. § 57-103 (Supp. 1979). When the minor son reached his eighteenth birthday in December of 1979 appellant ceased making child support payments relying upon the latter act.
In February of 1980 the appellee filed her petition requesting that the court hold appellant in contempt for discontinuing the support payments for the minor child without prior court order, for arrearages accumulated from and after his eighteenth birthday, and for an increase in child support payments. After hearing evidence on the mat*143ter the chancellor entered his order directing that the appellant pay all installments of child support which had accrued since the date the child reached his eighteenth birthday, directed him to continue those support payments pending further order of the court and increased the child support payments to the sum of $50 per week. The chancellor in his findings found that the child “became of age at the age of eighteen under the present law, but the fact that a child becomes of age does not necessarily mean that support should be terminated.” He found that the child was handicapped and that support should be continued even beyond the age of majority in the increased amount.
The appellant appeals from that order of the court asserting that the court erred in awarding the arrearage, and that there was not sufficient evidence to show that the child was handicapped or required further support from his parent. While we do not agree with the chancellor’s conclusion that the obligation to pay support was terminated on the child’s eighteenth birthday, we do find that he reached the correct result and affirm the order entered by him, Morgan v. Downs, 245 Ark. 328, 432 S.W. 2d 454.
The pivotal question presented by this appeal is whether a statutory reduction in the age at which a minor is deemed to reach his majority has the effect of establishing an earlier date for the termination of the obligation to support a child under a contract entered into before its effective date, and providing for the support to continue “until he reaches his majority.” We are unable to find any cases in our courts dealing directly with the subject. Both parties have provided us with excellent briefs discussing many cases from sister states which have dealt with the question and the issue was the subject of an exhaustive annotation found in 75 ALR 3rd 228 (1977) at page 260.
Some of these courts have held that minority is a status rather than a vested right, there being no vested right in the personal privilege of minority and a child has no vested right in further child support. Such agreements have been construed to intend no greater liability for child support than that imposed by law. Rice v. Rice, 213 Kan. 800, 518 P. *1442d 477 (1974); Jungjohann v. Jungjohann, 213 Kan. 329, 516 P. 2d 904 (1973). The majority rule, and we believe the better reasoned one, is best expressed in Wilcox v. Wilcox, 406 S.W. 2d 152 (Ky. 1966). There the parties had entered, into a property settlement in which the father agreed to make child support payments until the child reached its majority or became self-supporting. Some nine years after that divorce was granted and property settlement approved, the legislature of the State of Kentucky passed an act reducing the age of majority from twenty-one to eighteen years of age. The husband, upon the child reaching its eighteenth birthday, filed a petition to be relieved of further payments under the contract and decree upon the child reaching its eighteenth birthday. The trial court found as a matter of law that the age of majority was reduced from twenty-one to eighteen years by the legislation and there was no obligation for support after the child’s eighteenth birthday. There the appellate court in reversing the action of the trial court, stated:
We cannot agree with the finding of the court that there was no obligation of support on the husband after the child’s eighteenth birthday. At the time the parties entered in the contract, the age of majority was twenty-one and not eighteen. In construing a contract the intention of the parties governs. ... Furthermore, in construing a contract, we must seek out the intention of the parties and ascertain how they meant the agreement to operate at the time they entered into it. ... In Whitaker v. Louisville Transit Co., Ky., 274 S.W. 2d 391, 394 (1954), this court stated: ‘It is a familiar principle of constitutional law that constitutional and statutory provisions in effect at the time a contract is made become a part of the contract.’ Therefore, since the age of majority was twenty-one when the parties entered into the contract, the father is not relieved of his obligation of support to the child until she reaches her twenty-first birthday or becomes self-supporting.
See also Strum v. Strum, 22 Ill. App. 3rd 147, 317 N.E. 2d 59 (4th Dist. 1974); Waldron v. Waldron, 13 Ill. App. 3rd 964, 301 N.E. 2d 167 (5th Dist. 1973); Istnick v. *145 Istnick, 37 Ohio Misc. 91, 307 N.E. 2d 922 (C. P. 1973); and Baker v. Baker, 80 Wash. 2d 736, 498 P. 2d 315 (1972).
The agreement now before the court provided that the appellant should pay child support for the support and maintenance of his son “until he reached his majority.” At the time of the making of that agreement in January of 1971 the age of majority for the son was twenty-one years of age as set out in Ark. Stat. Ann. § 57-103 (Repl. 1973). In construing contracts we seek to determine the intent of the parties at the time the contract was made and in so seeking we place ourselves in the position of the parties to determine what they meant by the words they might have used. Asimos v. T. L. Reynolds & Sons, Inc., 244 Ark. 1042, 429 S.W. 2d 103 (1968). At the time this agreement was entered into the word “majority” was, by statutory definition, the age of twenty-one years for males. We hold that the parties entered into that agreement with reference to that statutory age, and intended for child support to continue until their son reached the age of twenty-one years or married.
The child in question has not yet reached the age of twenty-one and therefore, although we do not agree with the chancellor’s reason for ordering continued child support, we would affirm his action in doing so for the reasons herein stated. The appellant also urges as error the chancellor’s order increasing the child support from if 175 per month to #50 per week and in extending those obligations beyond the child’s majority. Appellant concedes that chancery courts may either reduce or increase amounts of child support payments provided for by such agreements because of changed circumstances and order such payments to continue past the age of majority. Collie v. Collie, 242 Ark. 297, 413 S.W. 2d 42. Elkins v.Elkins, 262 Ark. 65, 553 S.W. 2d 31. He argues, however, that while the power exists there was insufficient evidence to warrant its exercise.
The court in its order recited that it had considered the defendant’s present earnings, his circumstances and ability to pay support, and the son’s need therefor. The chancellor, therefore, could properly consider that the appellant was no *146longer required to support his married daughter, and that his present gross income exceeded @22,000 a year. He also considered the testimony of the appellee as to the increasing demands for child care for her son who was subject to disability and handicap and that appellant’s earnings far exceeded those of appellee. The record reflects that the trial judge had the opportunity to observe the child and his assessment of his handicap would be much superior to ours from the written record. We do not reverse the chancellor unless his findings are clearly against the preponderance of the record. Elkins v. Elkins, supra. Such awards rest largely within the sound discretion of the trial court. We cannot find from the record that this discretion was abused or the findings of the trial judge are against the preponderance of the evidence.
Affirmed.
Corbin, J., not participating.
Glaze, J., concurs with this opinion.