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" Every deposit is a direct trust. Every person who receives money to be paid to another, or to be applied to a particular purpose to which he does not apply it, is a trustee, and may be sued either at law for money had and received, or in equity, as a... "
Reports of Cases Adjudged in the Supreme Court of Pennsylvania - Page 302
by Pennsylvania. Supreme Court, William Rawle - 1831
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Reports of Cases Adjudged in the Court of Chancery of New-York ..., Volume 7

New York (State). Court of Chancery, William Johnson - 1824 - 748 pages
...exists at law. The word trust, is often used in a very broad and comprehensive sense Every deposit is a direct trust. Every person who receives money...another, or to be applied to a particular purpose to which he does not apply it, is a trustee, and may be 1823. sued either at law for money had and...
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Reports of Cases Decided in the Court of Chancery of the State of ..., Volume 48

New Jersey. Court of Chancery - 1892 - 734 pages
...exists at law. The word " trust " is often used in a very broad and comprehensive sense. Every deposit is a direct trust. Every person who receives money...another, or to be applied to a particular purpose to which he does not apply it, is a trustee, and may be sued either Gutch i!. Fosdick. at law for money...
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Reports of Cases Adjudged in the Supreme Court of Pennsylvania ..., Volume 1

Pennsylvania. Supreme Court, Frederick Watts, Henry Jonathan Sergeant - 1842 - 614 pages
...bonds, upon which he received the moneys afterwards, show clearly that the trust was express and direct. Every person who receives money to be paid to another, or to be applied to a particular purpose, to which he does not apply it, is a trustee, and may be sued, either at law, for money had and received,...
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Reports of Cases at Law and in Equity Argued and Determined in ..., Volume 20

Arkansas. Supreme Court - 1859 - 738 pages
...exists at law. The word trust, is often used in a very broad and comprehensive sense. Every deposit is a direct trust. Every person who receives money...another, or to be applied to a particular purpose, to which he does not apply it, is a trustee, and may be sued, either at law, for money had and received,...
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An Introduction to Equity Jurisprudence: On the Basis of Story's ...

James Philemon Holcombe - 1846 - 376 pages
...the word ' trust,' is often used in a very broad .and comprehensive sense. Every deposit is a dinect trust. Every per.son who receives money, to be paid...another, or to be applied to a particular purpose, to which he does not apply it, is a trustee, and sueable, either in law or equity. The several contracts...
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Reports of Cases Argued and Adjudged in the Supreme ..., Volume 5; Volume 46

United States. Supreme Court - 1847 - 668 pages
...of that agency upon his own account and for his own benefit." Sweet v. Jacocks, 6 Paige, 365. So, " every person who receives money to be paid to another, or to be applied to a particular purpose, to which he does not apply it, is a trustee, and may be sued either at law, for money had and received,...
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Reports of Cases Argued and Determined in the Supreme Court of ..., Volume 7

Indiana. Supreme Court, Isaac Newton Blackford - 1847 - 688 pages
...Kinney's Ex'rs. v. M'Clure, 1 Rand. 284. The principle applies to all those cases of trust where a person receives money to be paid to another, or to be applied to a particular purpose, and which is not so paid or applied, by means whereof he is suable either at law or in equity. So,...
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Reports of Cases in Law and Equity, Argued and Determined in the ..., Volume 8

Georgia. Supreme Court - 1850 - 660 pages
...included executors and administrators, guardians of infants, bailees, factors, agents, persons who receive money to be paid to another, or to be applied to a particular purpose, and those who fill any fiduciary situation, created either by the act of the parties, or by the appointment...
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Reports of Cases in Law and Equity, Argued and Determined in the ..., Volume 8

Georgia. Supreme Court - 1850 - 688 pages
...executors and administrators, guardians of infants, bailees, factors, agents,, persons who receive money to 'be .paid to another, or to be applied to a particular purpose, and those who fil} any fiduciary situation, created either by the act of the parlies, or by the appointment...
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Reports of Decisions in the Supreme Court of the United States ..., Volume 16

United States. Supreme Court, Benjamin Robbins Curtis - 1870 - 892 pages
...of that agency upon his own account and for his own benefit." Sweet v. Jacocks, 6 Paige, 364. So, " every person who receives money to be paid to another, or to be applied to a particular purpose, to which he does not apply it, is a trustee, and may be sued either at law, for money had and received,...
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