(DOWNLOAD) "Kitchen v. Bedford" by United States Supreme Court ~ eBook PDF Kindle ePub Free

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eBook details

Title: Kitchen v. Bedford
Author : United States Supreme Court
Release Date : January 01, 1871
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 53 KB

Description

Messrs. Carlisle and McPherson, for the plaintiff in error: The bonds were those of the Cairo and Fulton Railroad Company, and were 'put in the hands' of Rayburn 'to expend in the purchase of lands from the trustees of the company;' a most natural use of them; since in so using them, they could be used as money, and their full or best value got; the only way it is obvious in which they could be so used, or such value could be got. The case, then, is that of a delivery of a thing in trust upon an agreement to conform to the purpose of the trust. But this is the definition of a bailment, not of a sale. The transaction indeed has no aspect of a sale.