Hunsberger v. Perkiomen Nat. Bank

Opinion by

Cunningham, J.,

Perkiomen National Bank, appellant herein, was defendant below and appeals from a judgment entered against it for $971.14 (debt and interest), for want of a sufficient affidavit of defense as to one of the two items plaintiff sought to recover.

The cause of action upon which plaintiff’s suit was based may be thus stated, in general terms: The defendant bank, at a date subsequent to November 28, 1927, had in its possession, as the proceeds of the sale of collateral deposited with it by one Edwin D. Reiter (adjudicated a bankrupt on January 27, 1928), a sum of money,…