Cooper v. Fidelity Trust Co.

In this Petition in Equity, the Conservator of the Fidelity Trust Company of Portland, now in liquidation under Chapter 93 of the Public Laws of 1933, applies for instructions as to whether the holders of certain certificates of deposit issued by the Bank before it closed are entitled to share in the distribution of its assets on a parity with general creditors and depositors, or, as they make claim, may share equally with others entitled thereto in assets segregated as security for savings deposits. Notice to all holders of certificates of deposit and parties of record was ordered and…