In re Philadelphia Electric Co.
Pennsylvania Court of Common Pleas, Philadelphia County
1Opinion of the Court
Flood, J.,
In this case the Commonwealth filed a petition under the Act of June 25, 1937, P. L. 2063, 27 PS §434, to compel the various respondent companies to pay certain items into the State Treasury without escheat. The court in an opinion heretofore filed held for the Commonwealth on all items claimed except dividends. As to those we held that since the act provided for the payment into the treasury of dividends only “where funds have been provided by the company for the payment of said dividends”, and since there was a denial by respondent that any such funds had been set aside, we could…
2Cases cited4 opinions
- Commonwealth v. BrownSupreme Court of Pennsylvania · 1942
- Dock v. Schlichter Jute Cordage Co.Supreme Court of Pennsylvania · 1895
- Given's EstateSupreme Court of Pennsylvania · 1936
- Homan v. First National BankSupreme Court of Pennsylvania · 1934