Ammon's adm'or v. Wolfe

Citations

• 26 Va. 621
• 26 Gratt. 621

Syllabus

<p>Land of infants is sold in 1859, upon credits extending to January 8th, 1862. Their guardian collected a part of the money in May 1862, and he invested it in March 1863, $3,500 in seven percent. Confederate bonds, which were found after his death enclosed in a paper endorsed Wolfe’s heirs; but the bonds were taken in his own name.</p> <p>Held :</p> <p>1. There is no sufficient evidence that the investment when made was intended for his wards.</p> <p>2. The debt due to the wards being a good ante-war debt, well secured, he was not authorized to collect in Confederate money, and he could not be authorized under the statute so to invest it.</p>