Richardson v. Medbury
Michigan Supreme Court
Appeal from. Wayne; Frazer, J. .Bill by Viro W. Richardson, administrator of the estate of Israel E. Richardson, deceased1, against Lueetta R. Medbury and others, to establish a trust in land. Complainant appeals from a decree dismissing his bill.
1Opinion of the CourtMontgomery, J.
The bill in this case was filed against the heirs of the estate of Samuel Medbury, deceased, to establish a trust in about 10,000 acres of pine land. It is the complainanR-s theory that Medbury was mortgagee of the lands, although holding legal title in them, and that his heirs are bound to account for1 moneys received from the sale of these lands, after being reimbursed for the advances and charges, with interest at 10 per cent.
The bill alleges that in 1871 Medbury loaned to Richardson $6,850, and that to secure the payment of this sum, and of additional sums which Medbury was to advance to…
2Cases cited1 opinion
- Burt v. MasonMichigan Supreme Court · 1893
3Cited by2 opinions
- Corby v. MoranMichigan Supreme Court · 1899
- Troub v. ThorpMichigan Supreme Court · 1908