R. M. Bourne & Co. v. Peoples Union Bank & Trust Co.

Opinion by

Mr. Justice Coiien,

This action in assumpsit was brought by B. M. Bourne & Company (Bourne), nominee of The Cleveland Trust Company, and The Cleveland Trust Company (Cleveland Trust) against Peoples Union Bank & Trust Company (Peoples Union) of McKeesport, Pennsylvania. The plaintiffs sought to recover the sum of $201,075.14, with interest. The lower court, sitting without a jury, awarded plaintiffs the damages prayed for. Peoples Union has appealed from the judgment entered after dismissal of its exceptions.

The facts as set forth in the opinion of the trial court are as follows:

For…