256 S.W. 1020 | Tex. App. | 1923
The plaintiff in error first predicates error upon the overruling of a general demurrer to the petition of the defendant in error, upon the ground that the petition does not allege facts showing a resulting trust or creating an express trust. The allegations, in effect, are that J. W. Wacasey collected and held in his possession the sum of $2,197.30, which was the balance of the community funds owing to the estate of Bess Wacasey and her deceased husband, Alfred V. Wacasey, and belonging to Bess Wacasey and her minor son, and that he "invested said balance for these plaintiffs in 58.85 acres and procured the deed in the name of J. W. Wacasey." If it be true, as alleged, that J. W. Wacasey collected $2,197.30 of the funds belonging to the plaintiffs, and purchased 58.85 acres of land with it "for these plaintiffs," and took the conveyance in his own name, equity would in such a case deem the land to be held as a resulting trust for the plaintiffs beneficially entitled thereto. Long's Adm'rs v. Steiger,
The plaintiff in error next assails the sufficiency of the evidence to engraft a trust upon the tract of land in favor of Bess Wacasey and her minor son. The proposition is that the evidence is too vague, uncertain, and indefinite, and does not legally discharge the burden of proof upon the defendant in error to establish a resulting trust as alleged. The petition does not allege an express trust, which must exist, if at all, either by express agreement or by the direct and positive acts of the parties by some writing or deed. It is the settled rule that to create a resulting trust the consideration must be paid and the trust arise at the very time the title is acquired. Parker v. Coop,