Nature of the Case
To access this section all you need to do is click here and register.
Facts
The trustee was sued for his investment in railroad stock. On May 9, 1881, the trustee bought 30 shares of stock at $119 per share. This was an investment of 1/4th to 1/5th of the whole trust fund in this stock. He purchased 20 more shares at $123 per share. Later that August, the investment went south, and this suit resulted.
Holding and Decision
To access this section all you need to do is click here and register.
Legal Analysis
To access this section all you need to do is click here and register.
© 2007-2024 ABN Study Partner.
© 2024 Casebriefsco.com. All Rights Reserved.