Beaver Trust Co. v. Morgan
Supreme Court of Pennsylvania
Appeal, No. 31, Oct. T., 1917, by The Peoples National Bank of Rochester, Pa., from order of C. P. Beaver Co., June T., 1916, No. 220, sustaining exceptions to sheriff’s return of distribution of proceeds of a sheriff’s sale, in case of Beaver Trust Company v. Guy H. Morgan, The Peoples National Bank of Rochester. Exceptions to return of sheriff, showing distribution of the proceeds of a sheriff’s sale. Before Baldwin, P. J. The opinion of the Supreme Court states the facts.
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Appeal, No. 31, Oct. T., 1917, by The Peoples National Bank of Rochester, Pa., from order of C. P. Beaver Co., June T., 1916, No. 220, sustaining exceptions to sheriff’s return of distribution of proceeds of a sheriff’s sale, in case of Beaver Trust Company v. Guy H. Morgan, The Peoples National Bank of Rochester. Exceptions to return of sheriff, showing distribution of the proceeds of a sheriff’s sale. Before Baldwin, P. J. The opinion of the Supreme Court states the facts. The court sustained the exceptions. The Peoples National Bank of Rochester, Pa., appealed. Error assigned was in…
1Opinion of the Court
Opinion by
Mr. Justice Stewart,
This dispute arises out of the distribution of the proceeds of the sheriff’s sale of the real estate of one J. W. Jack. The original transaction out of Avhich the controversy arises presents no unusual feature; nor are the facts relating to the subject in dispute. On the 7th March, 1911, the Monaca National Bank loaned to M. L. Jack the sum of $1,450, taking as security therefor a judgment note signed by M. L. Jack and J. W. Jack in like amount, payable at four months, and also fifteen shares of the capital stock of the Rochester Trust Company owned by M. L.…
2Cases cited3 opinions
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- Keystone Bank v. Flooring Specialists, Inc.Supreme Court of Pennsylvania · 1986
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