Iriart v. Johnson

NOBLE, Justice.

The minor beneficiaries of three trust Agreements have appealed from a judgment denying recovery against a real estate brdker for breach of fiduciary duty.' • '■

The facts may be summarized from the findings of the trial court. In 1957, Juan Iriart, owner of the forty acres of land involved, conveyed the land to trustees for his minor daughters. Mr. Iriart had been trying to sell the land for $1500 per acre. Aft,er conveyance to the trustees, Iriart- continued to deal with the property as -his own, including its listing for sale in his name and its assessment for taxes in his…