Merchants' Bank v. Shouse
Supreme Court of Pennsylvania
Error to the Court of Common Pleas of Northampton county: Of January Term 1883, No. 111. Amicable action between Catharine H. Shouse, administratrix of the estate of John Shouse, deceased, plaintiff, and the Merchants’ Bank of Easton, defendant.
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Error to the Court of Common Pleas of Northampton county: Of January Term 1883, No. 111. Amicable action between Catharine H. Shouse, administratrix of the estate of John Shouse, deceased, plaintiff, and the Merchants’ Bank of Easton, defendant. A case stated was filed, setting forth the following facts : The Merchants’ Bank of Easton was incorporated by a special Act of the legislature, approved March 14th 1871 (P. L. 350), the business of which was to receive money on deposit at interest, and to invest the same. The Act of incorporation was made part of the case stated. The said bank…
1Opinion of the CourtJustice Gordon
According to the case stated, which we have before us, John Shouse, at the time of his decease, was the owner of some 556 shares of the capital stock of the Merchants’ Bank of Easton, the defendant below, and it also thereby appears that to this institution he died largely indebted. These shares represented his interest in the bank and its assets, and were, to all intents and purposes, personal property, which, after his death, passed to the plaintiff as part of his estate.
It does not appear that, prior to the time of his decease, the bank, which was, as is alleged, in process of liquidation,…
2Cited by6 opinions
- DeHaven v. PrattSupreme Court of Pennsylvania · 1909
- Dreisbach v. Price, Pennsylvania Court of Common Pleas, Carbon County1890
- Hampton Roads Fire & Marine Insurance v. Coburn Motor Car Co.Supreme Court of Virginia · 1932
- Koberg v. JonesSupreme Court of Minnesota · 1968
- Freed v. Shrewsbury Savings Institution, Pennsylvania Court of Common Pleas, York County1930
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