Opinion · Supreme Court of North Carolina

Edwards v. Trustees of the University

Edwards v. Trs. of the U. (periodical titles), 21 N.C. 325 (N.C. 1836)

Type
Opinion
Court
Supreme Court of North Carolina
Jurisdiction
North Carolina
Date
1836-06-05
Topic
general

Daniel, Judge, having stated the case as above, proceeded :— The plaintiffs seek to make the defendants their trustees by operation of Jaw, and by a decree of this court. The defendants rely upon the statute of limitations, nearly ten years having elapsed since they obtained the warrant and assigned it, to the time of filing the bill. As respects trusts, the distinction in equity is, that if the trust be constituted by act of the parties, the possession of the trustee is the possession of the cestui que trust, and no length of possession as such will bar; but if a party is to be consti *327 tuted a trustee by the decree of a Court of Equity, founded on fraud, or the like, his possession is then considered adverse, and the statute of limitations will run and be a bar. Hovenden v. Lord Annesley, 2 Sch. & Lef. 633.

Citator

UpLaw has not yet analyzed Edwards v. Trustees of the University. The absence of a flag is not a finding that it is good law.

Cited by
4 opinions