Case ID: lock-rev-cas_1/html/0480-02.html
Source: Caselaw Access Project
Author: {"author": "", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

Munro v. Allaire, 2 C. C. E. 183.
    
      Trustee purchasing from his cestui que trust; Specific Performance.
    
    In this case, a purchase had been made of certain real estate by an executor who had power to sell for the benefit of a third person, from the cestui que trust. Under the circumstances of this case, the Chancellor held it no objection, on a bill filed by the executor for a specific performance and other purposes, to a decree for specific performance. But on appeal,
    The Court of Errors held, that such purchases by a trustee .of his cestui que trust, are not favored in equity, and that he can not maintain a bill for a specific performance of such a contract.
   The decree of the Chancellor was accordingly reversed.