Chestnut Street Trust & Saving Fund Company's Assigned Estate
Supreme Court of Pennsylvania
Appeal, No. 184, Jan. T., 1906, by Louisa T. Cochran, from order of O. P. No. 2, Phila. Co., Dec. T., 1897, No. 430, dismissing exceptions to auditor’s report in Assigned Estate of the Chestnut Street Trust & Saving Fund Company. Exceptions to report of auditor. The facts are stated in the opinion of the Supreme Court. Error assigned was in dismissing exceptions to report of auditor.
1Opinion of the Court
Opinion by
Mr. Justice Mestrezat,
The learned auditor has found and stated the facts of the case, and we think they sustain his conclusion. We recognize the importance of the principle involved and the hardship to the claimant if unsuccessful, as suggested by appellant’s counsel, but if the principle ruling the case is settled law, as we think it is, we cannot disregard it and permit “ a hard case to make bad law.” If in such cases, cestui que trustent should have better protection from trust companies which are permitted to become sureties on the bonds of their trustees, the remedy is with the…
2Cases cited2 opinions
- Reading Iron WorksSupreme Court of Pennsylvania · 1892
- Germantown Passenger Railway Co. v. FitlerSupreme Court of Pennsylvania · 1869
3Cited by10 opinions
- Brock's Assigned Estate (No. 1)Supreme Court of Pennsylvania · 1933
- Lorch's EstateSupreme Court of Pennsylvania · 1925
- Merwine v. Mt. Pocono Light & Improvement Co.Supreme Court of Pennsylvania · 1931
- Radichel v. Federal Surety Co.Supreme Court of Minnesota · 1927
- Gawthrop Co. v. Fibre Specialty Co.Supreme Court of Pennsylvania · 1917
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