Chapter House Circle of King's Daughters v. Hartford National Bank & Trust Co.

The complaint in this case alleged that the plaintiff had entrusted the defendant with money and a note secured by a mortgage under an agreement that the defendant would act as the plaintiff’s financial agent, with authority to invest the fund at the discretion of the defendant’s proper officers; that the defendant invested about $6500 in a note and mortgage which it held in its individual name; that- the plaintiff did not know that the note and mortgage were so held; and that on discovering this fact it had “refused to affirm” the transaction and demanded to be reimbursed the amount of the…