Birmingham Trust & Savings Co. v. Ansley

BROWN, Justice.

This appeal is from the final decree entered by the circuit court, sitting in equity, in response to the prayer of the bill filed by one of the cestui que trust against the defendant as trustee and another, declaring a breach of the trust, and requiring the trustee to account for the specific fund contributed by the complainant to the trust fund.

The trust, as the bill alleges, arose from the fact that the complainant placed in the hands of the alleged trustee money, the proceeds of insurance on her husband’s life, to be loaned at interest to complainant’s use, and the…