Grigsby v. Long

This was a suit by the Receiver of the Peoples Bank of Springfield to recover of R.F. Long as trustee and individually the amount of two notes of $5000 each, with interest from July 3, 1923, executed by R.F. Long as trustee of his father, E.B. Long, to said bank, for which notes he substituted two notes of $5000 and $5300 executed by said E.B. Long, which latter notes were worthless, as said E.B. Long was insolvent, on the theory that (1) he was liable as trustee because he received $6323.13 as trustee and $3200 individually; (2) he was liable individually (a) because he received the money,…