In re Victory Banking Trust Co.
Pennsylvania Court of Common Pleas, Schuylkill County
1Opinion of the Court
Hicks, P. J.,
In the institution of proceedings to lay out a road, it became necessary for the petitioners to file a bond in the sum of $200 to cover legal costs. The Victory Banking Trust Company of Girardville, Pa., became surety thereon. The arrangement whereby this was accomplished was an agreement between it and Rev. Ignatius Valaneiunas, one of the peti*232tioners, that the latter would deposit with the bank the sum -of $200 to indemnify it against any liability which it might incur by reason of so becoming surety, and if the road was approved by the court, Rev. Valanciunas should be…
2Cases cited3 opinions
- Mutual Accident Ass'n of the Northwest v. JacobsIllinois Supreme Court · 1892
- Handle v. Real Estate-Land Title & Trust Co.Supreme Court of Pennsylvania · 1934
- Schwartz's AppealSupreme Court of Pennsylvania · 1927