Shaw v. Shaw

Appeal from St. Louis Qoilrt of Appeals. (1) Wlien a person lias money of another in his hands and purchases real estate with it and takes the deed in his own name, a resulting trust arises in favor of the one who advances the money in whole or in part. The resulting trust arises, whether the money is put into the hands of the alleged trustee expressly for the purpose of buying the land, or whether the alleged trustee, having the money already in his hands for another purpose, invests it in land in his own name, without the knowledge of the owner of the money. ‘‘A similar rule prevails in…