Tate v. Philadelphia Transportation Co.

Opinion by

Mr. Chief Justice Bell,

This is an appeal from a decree appointing a temporary receiver for the Philadelphia Transportation Company (hereinafter referred to as P.T.C.). P.T.C. is a privately owned utility company which owns and/or operates the transit system of and in the City of Philadelphia, furnishing public transportation therein by street car, bus, subway and elevated railway.* Some of the facilities of transportation, viz., certain subways and elevated railway lines, are the *493property of the City which leases such facilities to the P.T.C. For the use of these facilities, P.T.C.…