Williams v. Parsons

I. The ten-year period of limitation as to “all actions against . . trustees,” under the Civil Code (1910), § 4366, “applies only to technical trusts.” Denny v. Gardner, 152 Ga. 602, 608 (110 S. E. 891); Southern Star Copper Lightning Rod Co. v. Cleghorn, 59 Ga. 782; Farrar v. S. W. R. Co., 116 Ga. 337, 345 (42 S. E. 527). It has no reference to the relationship created between a vendor and purchaser in a sale of uncollected salary due to the vendor as the alleged “trustee of an executed trust for [the purchaser] as beneficiary in said sum of money” stated in the assignment, after the vendor…