Brock's Assigned Estate (No. 1)

Opinion by

Mr. Justice Maxey,

May 26, 1933:

This is an appeal of the Penn Mutual Life Insurance Company, hereinafter referred to as the “Penn Co.,” from the final decree of the Court of Common Pleas of Philadelphia County, sitting in equity.

On October 24, 1930, Sidney F. T. Brock, then sole surviving member of the firm of Reilly, Brock & Company, a banking and brokerage partnership, executed a deed of assignment for the benefit of creditors. The Penn Co. filed a proof of claim as a general creditor of the assigned estate, for $2,500,000 as principal and $67,-916.67 as interest. On November…