Gutelius v. Stanbon

BREWSTER, District Judge.

This is an action of contract brought by the receiver of the Farmers’ Bank & Trust Company, a Florida banking corporation, against three defendants in their individual capacity, who were trustees of the Stanbon, Nye & Hill Realty Trust.

The ease was tried without a jury; the parties having duly stipulated to waive jury trial. The facts are not in dispute. The question presented is largely a question of law arising on the following statement of facts:

The Stanbon, Nye & Hill Realty Trust is a voluntary association existing by virtue of a certain written declaration of…