trustee of an express trust
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 80 U.S. 497 - Chew v. Brumagen · 1871Most cited · 19 citing opinions
The law intended to class among such trustees others than those who, in equity, are regarded as technical trustees. It expressly declares that included among them shall be persons with whom, or in whose name, a contract is made for the benefit of another. A factor, or other mercantile agent, who contracts in his own name in behalf of his principal, is a trustee of an express trust within the meaning of the statute.