U.S. Bank and Trust Co. Case.

Opinion by

Mr. Justice Simpson,

By an arrangement between the Venus Silk Hosiery Company and the Allegheny Title and Trust Company, the former conveyed certain realty to five of its stockholders, who mortgaged it to the Trust Company in the sum of $17,000, then reconveyed it to the Hosiery Company subject to the mortgage, and deposited the proceeds in the latter’s checking account with the Trust Company. Subsequently the Trust Company changed its name to that of the U. S. Bank and Trust Company, and hereinafter, for clarity’s sake, it will be called the “Bank,” whether the transaction being…