Skinner v. Gaither

Citations

• 87 Md. 330
• 39 A. 876
• 1898 Md. LEXIS 131

Syllabus

<p>Participation in Breach of Trust—Liability for Money Received— Guardian and Ward.</p> <p>When a party uses money which is lent to him by a guardian and which he knows to be the property of the wards in paying debts for which he is jointly liable with another, he is liable to the wards for the amount so used.</p> <p>The proceeds of a life insurance policy belonging to certain infants was paid to their mother as guardian. This sum was by her transferred to S., her deceased husband’s partner, who used the money in paying a debt due by him and his deceased partner. Afterwards S. agreed to pay said amount to the wards, but did not do so and made an assignment for the benefit of his creditors. Held, that the wards were entitled to share as creditors in the distribution of the assets.</p>