Gordon v. Union Trust Co.

Opinion by

Mr. Justice Kephart,

The Commercial Trust Company deposited $6,429.50 with the Union Trust Company, the account being styled “Commercial Trust Company Trust Funds.” The Union Trust Company had $6,808.45 on deposit with the Commercial Trust Company, this account being styled “Union Trust Company Trust Funds.” It is conceded that both deposits represented trust funds of the respective institutions, and, as such, were the property of various cestuis que trust or beneficiaries of each bank.

Union Trust Company was and still is a solvent going concern. Commercial passed into the hands of…