This section contains the nature of the case and procedural background.

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.

The legal issues presented in this case will be displayed here.

The court's holding and decision will be displayed here.

Legal analysis from Dean's Law Dictionary will be displayed here.