WOOD v. GUARANTEE TRUST CO.

No. 21.

128 U.S. 416 (1888)

WOOD v. GUARANTEE TRUST AND SAFE DEPOSIT COMPANY.

Supreme Court of United States.

Decided November 19, 1888.


Attorney(s) appearing for the Case

Mr. Charles A. Dupee and Mr. Monroe L. Willard for appellants.

Mr. J.L. High for appellees.


MR. JUSTICE LAMAR, after stating the case, delivered the opinion of the court.

In this appeal the first claim advanced is, that since the 117 coupons, parcel of the lot in controversy, were paid by Starr with the funds that he had raised for the express purpose of defraying the expense of constructing the water works, it was his primary duty so to use the money; and that his failure so to do amounted to a diversion, which...

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