George v. Ransom

Citations

• 14 Cal. 658

Syllabus

<p>Where the wife makes a contract with her husband by which she gives him money, her separate property, for steamboat stock owned by him; held, that, assuming the contract to be void, because made between husband and wife, the husband is in the position of having taken his wife’s money without her assent and converted it into stock, and that he thereby becomes her trustee; that she can follow the money into whatever property it goes; that, being in possession of the stock, she can hold it.until fully indemnified, and that his creditors cannot reach it.</p>