Shillington Bank Liquidating Trustees' Personal Property Assessment Case

Opinion by

Baldrige, J.,

These two appeals were taken by the liquidating trustees of the Shillington Bank and Mohnton Trust Company, located in Berks County. They were argued together, and will be disposed of in one opinion.

The question for determination is whether personal property held by liquidating trustees of an insolvent bank is subject to a four-mill personal property tax for county purposes, enforced by the Act of June 17, 1913, P. L. 507, as last amended by the Act of April 21, 1933, P. L. 54 (72 PS §4821).

This question is novel as it has not heretofore received the consideration of an…