Morris v. Reigel

Citations

• 19 S.D. 26
• 101 N.W. 1086
• 1904 S.D. LEXIS 108

Syllabus

<p>1. Where there is no preponderance of evidence against the findings of the trial court, and the evidence justifies the court’s inferences therefrom, they are conclusive on appeal.</p> <p>2. Where an agent purchases real estate for his principal, but takes the title in his own name, a trust arises by operation of law in favor of the principal, though the agent used his own money in payment of the price.</p> <p>3. The authority of the agent need not he in writing to make the trust enforceable under the statute of frauds.</p>