Legal Opinion
Olin Cemetery Ass'n v. Citizens Savings Bank
Supreme Court of Iowa
Decided December 15, 1936No. 43266PublishedCited by 3 opinions
1Opinion of the CourtStiger, J.
Gilbert Blayney, one of the defendants, was appointed trustee of the funds and property of the Olin Cemetery, September 14, 1915, under the provisions of Code section 10198, and served as such trustee until his resignation in September 1932.
At the time of his appointment, Blayney was a director of the Citizens Savings Bank of Olin, Iowa, and was President of the bank and an active officer thereof from some time prior to the year of 1926 until about the middle of 1931.
He did not invest the funds in compliance with Code sections 10200, 10202 and 10203, but during all the time he was trustee he…
2Cases cited10 opinions
- United States Fidelity & Guaranty Co. v. City of PensacolaSupreme Court of Florida · 1914
- Andrew v. Farmers Sav. Bk. of GoldfieldSupreme Court of Iowa · 1929
- Safe Deposit & Trust Co. v. CahnCourt of Appeals of Maryland · 1906
- Cornick v. WeirSupreme Court of Iowa · 1931
- Leach v. GraySupreme Court of Alabama · 1917
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3Cited by3 opinions
- Slay v. Burnett TrustTexas Supreme Court · 1945
- Blankenship v. BoyleDistrict Court, District of Columbia · 1971
- Jorgensen v. Allied Mutual Life Cas. Co.Supreme Court of Iowa · 1942