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