Ohio Supreme Court December 15, 1846 (Davies v. Lowrey)
Also known as
United States · · · 15-12-1846
Read, J.
It is an admitted principle, that a trustee shall not speculate in trust funds for his own benefit. It is his duty to manage the trust property with all reasonable diligence, caution and cafe, that it may be rendered most productive, without being exposed to loss. We intend in no sense to impair the obligation of these principles.
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