Provident Trust Co. v. Interboro Bank & Trust Co.

Opinion by

Mr. Justice Musmanno,

On June 28, 1951, Arthur Benson obtained from Mrs. Cora V. Savidge, whom he had known for 25 years, a power of attorney to sell her Lansdowne property, manage the business of her deceased husband, invest funds, negotiate loans and accomplish other business matters not necessary to relate here. On July 6, 1951, he endorsed Mrs. Savidge’s name without her knowledge to a judgment note and borrowed $6000 on it from the Interboro Bank & Trust Company. With this money he opened an account in that bank in her name. He then withdrew from the account $5049.63.

*550A week…