Rua v. Watson

Citations

• 13 S.D. 453
• 83 N.W. 572
• 1900 S.D. LEXIS 174

Syllabus

<p>A mining deed in the ordinary form conveyed mining property to one described as “trustee, and to his heirs, successors and assigns forever.” There was also a verbal understanding between the parties that the grantee might sell the property, aad pay the proceeds to the grantor. Held, that the mere adddition of the word “trustee” to the name of the grantee did not create a trust, or charge a bona fide purchaser for value from him with notice of any trust or claim in favor of the original grantor, so as to render him an involuntary trustee.</p>