Montgomery Trust Co. v. Pennsylvania Railroad

Dannehower, J.,

This bill in equity was brought by the guardian of the estate of a mentally incompetent mother against her son, Raymond L. Griscom, and the Pennsylvania Railroad Company, defendants to (1) set aside, cancel and rescind an assignment and attempted transfer of 134 shares of the Pennsylvania Railroad Company’s stock made by the mother to the defendant son; and (2) restrain both defendants from transferring, pledging or otherwise encumbering said stock until the final decision of the court.

The bill alleges that the assignment was executed and delivered to the son when the mother…