Citizens & Southern National Bank v. Ellis

(After stating the foregoing facts.)

We can not agree with the contention of counsel for the defendants that the Adairs had no interest in .the Gramling property after Eealty Investments had conveyed it to Mr. Candler. Where, under the contract of May 12, 1910, between Mr. Asa G. Candler Sr. and Forrest and George Adair, the Gramling property was purchased with money furnished by the former, and the title thereto taken in the name of Eealty Investments, this company held the same impressed with a trust in favor of the respective parties to this contract. In other words, Eealty Investments held…