Bradford County Telephone Co. v. Young

Opinion by

Mr. Justice Stern,

Bradford County Telephone Company, which owns and operates a telephone system in Bradford County, was incorporated in 1901. Subsequently it accepted, and became subject to, the provisions of the Act of July 22, 1919, P. L. 1123, for the regulation of telephone companies. From 1915 on, Martin H. Murphy was the registered owner of all its. capital stock, but under date of October 4,1928, he gave to Jerome K. Packard, who was the manager of the company, a written statement acknowledging that Packard was the owner of a one-half interest, and that Murphy held the stock…