Pipher v. Lodge

Gibson J.

Where there are articles for a purchase, a trust immediately results to the purchaser. This trust is not express, but one which the law implies, (Cruise Dig. tit. 12. ch. 1. s. 29, 30.) and it is clear law, that in cases of implied, trusts the statute runs. At this day, the distinction in this respect between express and implied trusts is well settled; and although the cases are not authority here, I have no hesitation in adopting it, on account of its convenience and intrinsic good sense. Where the vendee has entitled himself to a conveyance by performing every thing to be done on…