Judges: Matteson, Mattesou, Stiness, Tillingliast
Filed Date: 11/30/1898
Status: Precedential
Modified Date: 11/14/2024
This is a bill to establish a trust. The respondent has demurred to the bill. The ground urged in the respondent's brief in support of the demurrer is that, as the money paid for the land, alleged in the bill to have been purchased by the respondent in pursuance of the agreement *Page 86
between him and the complainant's mother to purchase it for her benefit, was not furnished by her but was the respondent's own money, no resulting trust arises; and hence, as the bill does not aver that the agreement was in writing, it is fatally defective. There are, however, other constructive trusts besides resulting trusts, which are not within the statute of frauds, and therefore do not require a note or memorandum in writing for their proof. Such are trusts which arise ex maleficio, as, for instance, where a person acquires title to an estate through fraud or the abuse of a confidential relation, in which case equity treats the wrong-doer as a trustee for the injured party. Wood v. Rabe,
The demurrer is therefore overruled.
[1]
EDWARD A. TAFT et al. | | vs. Equity, 2289. | FRANCIS M. DIMOND et al. |
RESCRIPT.
The bill alleges that the respondent Dimond acknowledged during the life-time of the said Sarah A. Brayton that he held the estate described in the bill in trust for her, and that, since her decease, he has acknowledged that he held said estate in trust for her heirs, the complainants. Such acknowledgment, for aught that appears, may have been in writing and by an obligation under seal, and, therefore, of as solemn and binding a nature as the covenant in the deed from Sarah A. Brayton to said Dimond.