Bucklin v. National Shawmut Bank of Boston

Following the sustaining of a demurrer to their original bill, the plaintiffs filed an amended bill to which the defendant also demurred. The pertinent allegations of the amended bill are these. During the 1930's Helen C. Bucklin made a loan of §27,802.47 to her husband, Walter S. Bucklin, from her separate estate. The loan was for the purpose of improving real estate owned by the husband. The husband promised to repay the loan and “until such repayment” he intended to “hold such moneys in trust” for his wife's use.

In the financial statements of the husband and wife prepared by an accountant…