de Everett v. Texas Mexican Railway Co.

Citations

• 67 Tex. 430
• 3 S.W. 678
• 1887 Tex. LEXIS 900

Syllabus

<p>Trusts and Trustees.—A trustee appointed under decree to sell land, who conveys the title for the nominal consideration of one dollar, violates the trust, and the deed executed by him amounts only to a deed of gift. The donee in such case becomes a trustee for the beneficiaries in the trust, and this, whether the donee had notice of the trust or not, since he had not paid value for the land. »</p>