Commonwealth of Pennsylvania v. Williams

DAVIS, Circuit Judge.

This is an appeal from an order of the District Court dismissing the petition of the commonwealth of Pennsylvania, wherein it prayed the court to direct the receivers, appointed by it, of the Mortgage Building & Loan Association, hereinafter called the association, to deliver over to the secretary of *510‘banking of Pennsylvania, all the assets and records of the association held by them.

This was a stockholder’s bill filed against i the association for the appointment of receivers by Edward B. Elson, a resident of 'the state of New York, who owned stock in the association, to…