In re Franklin Trust Co.

Smith, P. J.,

The Franklin Trust Company was named originally as corporate trustee under an indenture of mortgage dated March 1,1928, which mortgage secured an issue of bonds in the sum of $1,500,000 and was a first lien on premises known as The Cambridge Apartments. Upon the appointment of a receiver for the Franklin Trust Company, The Pennsylvania Company for Insurances on Lives and Granting Annuities was appointed successor corporate trustee by the Court of Common Pleas No. 3, and the said Pennsylvania Company as such corporate trustee demanded of the receiver of the *124Franklin Trust Company…