Loggins v. Daves

Jenkins, Presiding Justice.

1. “Trusts are either express or implied. Express trusts are those created and manifested by agreement of the parties. Implied trusts are such as are inferred by law from th'e nature of the transaction or the conduct of the parties.” Code, § 108-104. “All express trusts shall be created or declared in writing.” § 108-105.

2. “Trusts are implied— . . Whenever the legal title is in one person, but the beneficial interest, either from the payment of the purchase-money or other circumstances, is either wholly or partially in another.” Code, § 108-106.

3. Implied trusts…