Bank Trust Co. v. Jaffe, Admrx. (Et Al.)

Opinion by

Mr. Chief Justice Kephart,

This is an appeal from a decree ordering appellant to pay a sum found due on an accounting. Frank Jaffe, during Ms lifetime, owed the First National Bank & Trust Company of Tarentum $5,500 on a note secured by assigned bailment leases. On tbe death of Jaffe bis administratrix sold tbe equity in tbe leases to Joseph Sbenkan, appellant, subject to tbe bank’s debt. Thereafter tbe debt being in default, tbe bank caused tbe collateral to be sold and purchased it. Sbenkan, having collected money due on tbe leases, challenged tbe bank’s lien on tbe ground of…