Cogbill v. Boyd
Supreme Court of Virginia
Appeal of Harriet R. Cogbill, a married woman having a separate estate held in trust for her, from a decree entered 28th May, 1883, by the circuit court of Mecklenburg county, in the chancery cause then therein pending in the style of Cogbill v. Boyd, Trustee, & als.
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Appeal of Harriet R. Cogbill, a married woman having a separate estate held in trust for her, from a decree entered 28th May, 1883, by the circuit court of Mecklenburg county, in the chancery cause then therein pending in the style of Cogbill v. Boyd, Trustee, & als. This is the sequel to Cogbill v. Boyd, Trustee, & als., 77 Va. 450. There this court held Boyd, trustee, individually liable for losses resulting from his injudicious investment of the trust funds in a bond of R. O. Pope for $1,250, bearing ten per cent, interest from 28th January, 1873, payable to W. E. Homes, and in a bond of…
1Opinion of the Court
Lewis, P.,
delivered the opinion of the court.
On the former appeal in this case it was held that the investments made by the appellee, as trustee, in the purchase of a portion of the Sydnor debt, to the amount of twenty-five hundred dollars, and in the purchase of the Pope debt, amounting to the sum of twelve hundred and fifty dollars, were injudicious and improper, and that the loss occasioned thereby must be borne by the trustee out of his own estate, including the sums, expended by him for counsel and commissioners’ fees on account, of the said investments. 77 Va. 450.
After the case went…
2Cases cited1 opinion
- Cogbill v. BoydSupreme Court of Virginia · 1883