Waters v. McKim

Each of the above is another of those distressing cases in which one of two innocent parties is to sustain heavy loss through the fraud of a third. By agreement they were tried and are to be disi>osed of together.

Without entering into some of the questions ably discussed at bar, such as the particular scope of Veazey’s *146agency for the respective parties, and the tracing of the fund to the defendants’ use, and assuming, but not deciding, that he was equally the representative of all parties, and that the fund was embezzled to his own use, there are well-settled principles of justice, aside from…