State-Planters Bank & Trust Co. v. Pollard & Bagby Investment Corp.

The trustee and beneficiaries named in a certain deed of trust instituted this suit to recover from Harry Craver’s estate $9,641, the amount of delinquent taxes due and paid the city of Richmond from the proceeds of sale of the trust property in a suit instituted by the city to enforce its tax lien. From a decree directing the executors of the estate to pay the said sum to the trustee and the beneficiaries, this appeal was allowed.

The facts are not controverted and may be stated as follows: On June 1, 1925, John R. Blair and wife conveyed the lot known as 101 West Grace street, Richmond,…