Crosby v. Merriam
Minnesota Supreme Court
Crosby v. Merriam, 31 Minn. 342 (Minn. 1883)
17 N.W. 950; 1883 Minn. LEXIS 95
Dickinson
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Crosby v. Merriam
Opinion of the Court
It was the duty of the guardian, having money of his ward in his hands, to make the same productive by investment. Having neglected to do so, but retained the money many years, and no reason being shown to excuse the neglect, the guardian was properly charged with interest at the legal rate, after the lapse of a reasonable time (six months) for making investments. Dunscomb v. Dunscomb, 1 John. Ch. 508; Karr’s Adm’r v. Karr, 6 Dana, 3; 1
Order affirmed.
Reference
- Full Case Name
- Thomas Crosby, late Guardian v. William R. Merriam, Administrator
- Cited By
- 2 cases
- Status
- Published