Murdock v. John B. Stetson Co.

Gold, P. J.,

Plaintiffs filed a petition in escheat against John B. Stetson Company setting forth that the value of certain merchandise represented by unredeemed gift certificates sold by Stetson had escheated to the Commonwealth. The facts have been stipulated and we now have before us plaintiffs’ and defendant’s motion for judgment. Respondent, a corporation chartered under the laws of the Commonwealth of Pennsylvania, sold and issued what are termed “gift certificates” of two types. The first type is the retail store certificate and provides that a Stetson hat of $-quality will be supplied…