When the case between the same parties about ■the same subject matter was before us at a previous term, reported in 68 N. C. Rep. 363, there was no allegation that the .fund was unsafe in the hands of the defendant, and for the ¡reason stated in the opinion of this Court the action was dis-■inissed without entering any judgment upon the report of the 'Clerk.
But in this action it is alleged that the defendant has become insolvent and is using the fund for his own private advantage, refusing to pay the interest accrued thereon, and that his bond as trustee has become insolvent or of doubtful solvency.
His Honor directed an inquiry as to the solvency of the defendant’s bond, but declined, at that time, to order a reference to ascertain the condition of the trust fund in the hands of the ■defendant, on the ground that there had very recently been an account of the condition of the fund.
As the first action was dismissed the account went with it ¡and amounted to nothing.
*259And now, in view of the allegation of the insolvency of the defendant and the abuse of his trust, made in this action for the first time, we feel constrained to say that the plaintiffs are entitled not only to an inquiry as to the solvency of the defendant’s bond, but also to an account of the condition of the fund.
It is one of the principal and most important duties of a trustee that he should keep regular and accurate accounts, and that he should be always ready to produce those accounts to his •oestui que trust. Adams’ Eq. 57.
We deem it unnecessary to action the notice of the plaintiffs to have a portion of the answer of the defendant stricken out for being scandalous and impertinent. Nor do we see any reason why the language of the Chief Justice, in delivering the opinion of the Court when the other case was before us, to characterize the conduct of a portion of the ^plaintiffs, should be modified.
Indeed we are at a loss to understand why the plaintiffs make the allegations of insolvency and unfitness against the defendant for the first time, after they had failed in the other action, when the facts should have been as well known to them then as now.
Let this opinion be certified to the end that the Superior - Court may proceed in conformity thereto.
Pee Cueiau. Judgment accordingly.