Downing v. Cunningham

This amended bill in equity is brought by thirty individual plaintiffs against the trustee in bank*286ruptcy of one Charles Ponzi and the Hanover Trust Company, seeking to establish severally in behalf of each plaintiff a trust in a fund, alleged to be on deposit in the Hanover Trust Company and in the Industrial Trust Company of Providence, Rhode Island, to the account of Charles Ponzi or his trustee in bankruptcy, Henry V. Cunningham. No service was made on the Industrial Trust Company, and it has neither appeared nor answered. The trustee in bankruptcy demurred on different grounds to the…