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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

Francis Co. v. Lincoln Federal Building & Loan Ass'n, 445 S.W.2d 153 (1969)

Citation
Francis Co. v. Lincoln Federal Building & Loan Ass'n, 445 S.W.2d 153 (1969)
Parent Document
Francis Co. v. Lincoln Federal Building & Loan Ass'n, 445 S.W.2d 153 (1969)
Jurisdiction
Kentucky (state)
Effective Date
1969-06-13

Other Sections in This Document (24)

Full Text

289 chars
At the time of the sale, Francis was holding this deposit somewhat in the nature of a trustee relationship, without any duty to pay “interest” thereon and could “hold, invest and use” the same. The rental period the deposit was made to cover would come along after the purchase by Lincoln.