King v. . Talbot

New York Court of Appeals · Decided 1869-01-06

Cited by 290 later decision(s) in our corpus · see the citation network in Lexace

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From the opinion

Woodruff, J. It is conceded, that in England, the rule is,. and has long been settled, that a trustee, holding funds to invest for the benefit of his cestui gue trust, is bound to make such investment in the public debt, for the safety whereof the -, faith of them government is pledged; or in loans, for which-real estate is pledged as security. And that, although,…

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