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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 [1841-1845] - Page 118
by Pennsylvania. Supreme Court, Frederick Watts, Henry Jonathan Sergeant - 1842
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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 - Equity - 1824 - 748 pages
...word trust, is often used in a very broad and comprehensive sense Every deposit is a direct trust. Every person who receives money to be paid to another,...which he does not apply it, is a trustee, and may be 1823. sued either at law for money had and received, or in v-^~v^/ equity, as a trustee, fora breach...
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Reports of Cases Decided in the Court of Chancery of the State of ..., Volume 48

New Jersey. Court of Chancery - Law reports, digests, etc - 1892 - 734 pages
...word " trust " is often used in a very broad and comprehensive sense. Every deposit is a direct trust. Every person who receives money to be paid to another,...not apply it, is a trustee, and may be sued either Gutch i!. Fosdick. at law for money had and received or in equity as a trustee for a breach of trust."...
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Reports of Cases Adjudged in the Supreme Court of Pennsylvania, Volume 2

Pennsylvania. Supreme Court, William Rawle - Law reports, digests, etc - 1831 - 488 pages
...last case, he retracts the position taken in the former, and says every deposite is a direct trust; every person who receives money to be paid to another, or to be applied to a particular purpose, is a trustee. The cases of hirer and letter to hire, borrower and lender, pawner and pawnee, principal...
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Reports of Cases at Law and in Equity Argued and Determined in ..., Volume 20

Arkansas. Supreme Court - Law reports, digests, etc - 1859 - 738 pages
...word trust, is often used in a very broad and comprehensive sense. Every deposit is a direct trust. Every person who receives money to be paid to another,...or in equity as a trustee, for a breach of trust. (citing Scott vs. Surman, Wi/les Rep. 404, 405.) The reciprocal rights and duties, founded upon the...
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An Introduction to Equity Jurisprudence: On the Basis of Story's ...

James Philemon Holcombe - Equity - 1846 - 376 pages
...' 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 to another,...purpose, to which he does not apply it, is a trustee, and sueable, either in law or equity. The several contracts of bailment, which, according to Sir William...
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Reports of Cases Argued and Adjudged in the Supreme ..., Volume 5; Volume 46

United States. Supreme Court - Law reports, digests, etc - 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 in equity, as a trustee, for a breach of trust." Kane ยป. Bloodgood, 7 Johns. Ch. 110 ; Scott v. Surman, Willes, 404 ; Shakeshaft's case, 3 Bro. Ch....
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Reports of Cases Argued and Determined in the Supreme Court of ..., Volume 7

Indiana. Supreme Court, Isaac Newton Blackford - Law reports, digests, etc - 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 - Equity - 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 - Equity - 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 - Law reports, digests, etc - 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 in equity, as a trustee, for a breach of trust." Kane v. Bloodgood, 7 Johns. Ch. Rep. 110 ; Scott v. Surman, Willes, 404 ; Shakeshaft's case, 3 Bro....
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