Commonwealth Trust Co. of Pittsburgh v. Citizens National Bank of Connellsville

Lively, President:

The purpose of the bill is to require defendant Citizens National Bank of Connellsville, Pennsylvania (hereinafter called “the Bank’’) to account for certain securities pledged to it as collateral by J. V. Thompson to secure the payment to it of a debt of $50,000.00 represented by three notes executed by him and others to it, and to require it to credit on said debt of $50,000.00 the value or proceeds of such collateral; and .pending the accounting, to restrain the Bank from executing a decree of sale in its 'favor against coal interests now owned by the Harrison-Doddridge…