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JACKSON V. SMITH, 254 U. S. 586 (1921)

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U.S. Supreme Court

Jackson v. Smith, 254 U.S. 586 (1921)

Jackson v. Smith

No. 130

Argued December 17, 1920

Decided January 24, 1921

254 U.S. 586


Persons who knowingly join with a receiver in purchasing real estate at a sale made by the trustee of a deed of trust mortgage securing a debt due the receivership are jointly and severally liable to the receivership for all profits realized from the purchase. P. 254 U. S. 588.

48 App.D.C. 565 reversed.

The case is stated in the opinion.

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