Rundlet v. Jordan
Supreme Judicial Court of Maine
The question in this case was — whether J. & JE. Hoole were liable as the trustees of Morrell Jordan 2 It appeared from their disclosure, that Morrell Jordan, being indebted to them in the sum of $¡230, indorsed and delivered to them a negotiable promissory note against his son Isaiah Jordan for $640, taking their receipt for the same, in which they promised to account, for the proceeds of the note when collected, and to pay him the balance, after deducting their debt ; —…
Read the full summary
The question in this case was — whether J. & JE. Hoole were liable as the trustees of Morrell Jordan 2 It appeared from their disclosure, that Morrell Jordan, being indebted to them in the sum of $¡230, indorsed and delivered to them a negotiable promissory note against his son Isaiah Jordan for $640, taking their receipt for the same, in which they promised to account, for the proceeds of the note when collected, and to pay him the balance, after deducting their debt ; — that they commenced a suit upon the note thus assigned, and attached all Isaiah Jordan’s interest in the farm he occupied,…
1Opinion of the Court
Mellen C. J.
after stating the facts in the case, delivered the opinion of the Court as follows.
The question as to the liability of the Messrs. Ilooles must be answered by examination of the facts stated in their disclosure, and those only ; — and those facts must be tai on to be true. If any fraud exists between the principal and the two other trustees who have not yet disclosed, that fact, should it appear, can only affect those who may be implicated in it ; but not the Hooles. Delay, therefore, is not necessary with respect to a decision on the disclosure before us.
It is urged that the…
2Cases cited7 opinions
- Maine Fire & Marine Insurance v. WeeksMassachusetts Supreme Judicial Court · 1811
- Perry v. CoatesMassachusetts Supreme Judicial Court · 1813
- Comstock v. FarnumMassachusetts Supreme Judicial Court · 1806
- Stevens v. BellMassachusetts Supreme Judicial Court · 1810
- Minchin v. MooreMassachusetts Supreme Judicial Court · 1814
2 more not listed; retrieve them via the Exa API.