In Re Krueger's Estate

On January 28, 1926, appellant, as executor of the John Krueger estate, opened an account in the Home Savings and Loan Association by placing two thousand dollars therein. At that time, appellant explained to Pierce, the secretary and manager of the Home Savings, that the money belonged to that estate and that it was necessary that the money be held in trust therefor. Pierce, purportedly in behalf of the Home Savings, agreed that the money would be held in trust by it, upon which appellant, on behalf of the Krueger estate, signed an application card to become a subscriber for shares of stock…