Second National Bank v. American Bonding Co.

Citations

• 93 Ohio St. (N.S.) 362

Syllabus

<p>Statute of limitations — Six years — Implied promise — Unauthorised sale of bonds by trustee — Succeeding trustee sues bank purchasing bonds — Surety of original trustee reimburses trust estate — Subrogation and substitution of surety as plaintiffs Sections 11222, 11241 and 11261, General .Code.</p>