142 Ga. 110 | Ga. | 1914
1. While it may be true that where a holder of a policy of insurance payable, not to the estate of the insured, but to a named beneficiary, uses trust funds in his hands in payment of the premiums on the insurance, and where the amount of the policy upon the death of the insured is paid to the beneficiary, the proceeds of the policy thus paid to the beneficiary will be impressed with a trust in the hands of the beneficiary and can be subjected to the demands of the cestui que trust
2. The foregoing rules the controlling question in the ease; and upon the application of the principle there stated to the evidence offered by the plaintiff, a nonsuit was properly ordered.
Judgment affirmed.