DIXON v. WHITE

No. 14210.

327 F.2d 434 (1964)

John M. DIXON, Plaintiff-Appellant, v. Edward A. WHITE and Joan White, Defendants-Appellees.

United States Court of Appeals Seventh Circuit.

January 28, 1964.


Attorney(s) appearing for the Case

Charles F. Hough, John W. Hough, of Hough, Young & Coale, Chicago, Ill., J. Robert Hare, Fort Wayne, Ind., Ralph R. Blume, Fort Wayne, Ind., of counsel, for plaintiff-appellant.

William F. McNagny, of Barrett, Barrett & McNagny, Fort Wayne, Ind., for defendants-appellees.

Before DUFFY, KNOCH and CASTLE, Circuit Judges.


DUFFY, Circuit Judge.

In this suit, plaintiff sought a judicial declaration that a trust exists for the benefit of plaintiff with one or both of the defendants as trustee. In substance, the complaint alleges that during 1952, plaintiff entrusted $1500 to defendants, and that there was an oral agreement whereby plaintiff would cancel the obligation to repay in consideration of the promise of defendants to cause beneficial ownership of stock in Bowmar Instrument Corporation...

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