30 Pa. Super. 67 | Pa. Super. Ct. | 1906
Opinion by
The defendant was a trustee for the plaintiff and nine or more other persons who were interested in a fund raised by the sale of the estate of Paul C. Horine. This fact is not only found by' the court but is stated by the defendant himself in the account which he rendered of the management of the fund. Tlie caption of the statement of receipts and expenditures is : “ The account of Ralph II. Mengel, trustee of funds of Paul C. Horine in my hands to pay off claims of John N. Obold et ah” He also signs the account as “ Counsel and Trustee for P. C. Horine Fund.” The finding of the court, therefore, based upon the defendant’s own admission and upon the very nature of the transaction, is scarcely open to question. Defendant was a trustee. He represented a variety of interests. His payments for costs, charges and expenses in reference to all of the parties for whom he was a trustee were involved. This being settled, was the plaintiff’s remedy equitable or legal ?
We have lately considered this question in Burton v. Trainer, 27 Pa. Superior Ct. 626, in which what was said in Reeside’s Executor v. Reeside, 49 Pa. 322, is quoted, and the later cases considered. We have no doubt, from a consideration of all the cases, that, the plaintiff’s remedy was in equity.
It is true that the bill was filed eight years after the rendi
The statute of limitations has no application here, as claimed by the defendant, because, by his own admission, the funds in his hands were trust funds and the statute has no application “ to express trusts cognizable in equity.”
The refusal of the court below to sustain the defendant’s exceptions to the findings of fact for the most part constitutes the remainder of the assignments of error. Although numerous, they need not be considered in detail here. We have, however, carefully examined them in connection with the testimony and are unable to find any failure on the part of the court to fairly weigh all the facts in the case and, in weighing them, to reach a right conclusion.
The case was heard with patience, the findings of fact are set forth in detail and are again considered by the court in its opinion, dismissing the exceptions filed thereto. Both the original findings and the conclusions of law based thereon and the opinion of the court dismissing the defendant’s exceptions are exhaustive and are their own best justification. We can say nothing which would add to their strength or clearness.
The decree is affirmed and the appeal dismissed at the costs of the appellant.