Summary

Horace Gray Speidel v. Henrici — Opinion of the Court

Independently of any statute of limitations, courts of equity uniformly decline to assist a person who has slept upon his rights, and shows no excuse for his laches in asserting them. 'A court of equity,' said Lord CAMDEN, 'has always refused its aid to stale demands, where the party slept upon his rights, and acquiesced for a great length of time.
Source: Wikisource

Horace Gray Speidel v. Henrici — Opinion of the Court

The trust on which Rapp, and the defendants as his successors, held the common fund of the Harmony Society, is described in one place in the bill as 'for the members of said families and the contributors of said fund, and for their common benefit;' that is to say, as is clearly explained by what goes before, in trust for their common benefit as a community, living together in the community, working for the community, subject to the regulations of the community, and supported by the community.
Source: Wikisource

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