Sauter v. First Nat. Bank of Philadelphia

(after stating tlie facts as above). It is contended for appellant that the pleading of appellee bank was not a cross-bill or counterclaim under rule 30 of the federal Equity Rules, which is in part, “the answer must state in short and simple form any counterclaim arising out of the transaction which is the subject-matter of the suit, and may, without cross-bill, set out any set-off or counterclaim against the plaintiff which might bo the subject of an independent suit in equity against him, a.nd such set-off or counterclaim so set up shall have the same effect as a cross-suit so as to enable…