Harding v. St. Louis Life Insurance

The Chancellor :

— On demurrer, the record disclosing a very curious state of facts.

On the 21st of June, 1870, one A. J. Harding, an adult, free from all legal disabilities, so far as appears, conveyed all his realty, including one tract of land of thirty-three acres and two others of five and three acres, respectively, hereinafter mentioned, to E. B. McClanahan, in fee, the pecuniary consideration recited being $5. But the deed also recites that the conveyance is made “ only in trust, and for the following uses and trusts — i. e., being young in years and inexperienced in business, and being…