Rogich v. Dressel

Defendant appeals from a judgment establishing an express oral trust in ten thousand shares of mining stock, declaring the trust ended by his disavowal of it and his consequent conversion of the stock, and awarding each of the two plaintiffs a money judgment for one third of the value of the stock at the time of the conversion, less certain deductions.

The facts which give rise to this lawsuit may be summarized as follows: Plaintiff Rogich (hereafter called Rogich when referred to individually) and plaintiff Folsom (hereafter called Folsom when referred to individually) were employees of the…