Legal Opinion

Merion T. T. Co. Mtge. Trust Fund Case

Supreme Court of Pennsylvania

Decided January 27, 1942PublishedCited by 4 opinions

1Opinion of the Court

"The Merion Title and Trust Company of Ardmore is insolvent, and the Secretary of Banking is the Receiver. For the sake of brevity, we will hereafter refer to the Trust Company and the Receiver as 'Merion'.
"Merion, during its corporate existence, created and managed a Mortgage Trust Pool, and in furtherance thereof, issued coupon bearing Mortgage Trust Fund Certificates, in which Merion guaranteed the payment of principal and interest to the registered holders thereof.
"When Merion closed its doors, the assets of the Trust Pool were transferred to The Bryn Mawr Trust Company, as Substituted…

2Cases cited7 opinions

  1. Gordon v. Union Trust Co.Supreme Court of Pennsylvania · 1932
  2. Land Title Bank & Trust Co. v. BaronSupreme Court of Pennsylvania · 1941
  3. North City Trust Company CaseSupreme Court of Pennsylvania · 1937
  4. Agricultural Trust & Savings Company's Mortgage Pool CaseSupreme Court of Pennsylvania · 1937
  5. Schwab v. Continental-Equitable Title & Trust Co.Supreme Court of Pennsylvania · 1938

2 more not listed; retrieve them via the Exa API.

3Cited by4 opinions

  1. Downing EstateSuperior Court of Pennsylvania · 1947
  2. Calaiaro v. Pittsburgh National Bank (In re Ewing)District Court, W.D. Pennsylvania · 1983
  3. Matter of EwingUnited States Bankruptcy Court, W.D. Pennsylvania · 1983
  4. Downing's EstatePennsylvania Orphans' Court, Philadelphia County · 1947

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