Commonwealth v. Tradesmen's Trust Co.
Supreme Court of Pennsylvania
Appeal, No. 6, May T., 1915, by the Hill School, from decree of C. P. Dauphin Co., Commonwealth Docket, 1911, No. 219, dismissing exceptions to report of auditors, in case of Commonwealth, ex rel. John C. Bell, Attorney General, v. Tradesmen’s Trust Company. Petition by the Commonwealth at the relation of the attorney general to declare a trust company insolvent and for the appointment of a receiver.
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Appeal, No. 6, May T., 1915, by the Hill School, from decree of C. P. Dauphin Co., Commonwealth Docket, 1911, No. 219, dismissing exceptions to report of auditors, in case of Commonwealth, ex rel. John C. Bell, Attorney General, v. Tradesmen’s Trust Company. Petition by the Commonwealth at the relation of the attorney general to declare a trust company insolvent and for the appointment of a receiver. Exceptions to report of Henry S. Borneman, Esq., and Eugene Snyder, Esq., auditors. Before McCarrell, J. The facts appear in Commonwealth, ex rel., v. Tradesmen’s Trust Company (No. 2), above,…
1Opinion of the Court
Opinion by
Mr. Justice Frazer,
This case arises out of the settlement of the insolvent estate of the Tradesmen’s Trust Company, and the facts are set forth in the appeal by Edmonds and Cronin in an opinion filed herewith. This appeal is by the Hill School from the refusal of the auditors to allow, as a preferred depositor’s claim, the sum of $5,000, which, appellant avers, was on deposit with the trust company as trustee. On May 2, 1910, the Hill School executed a mortgage to the trust company to secure a bond issue. On April 29, 1911, it deposited with the company the sum of $5,000 to…
2Cases cited1 opinion
- State ex rel. Carroll v. Corning State Savings BankSupreme Court of Iowa · 1907
3Cited by10 opinions
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- Magruder v. Safe Deposit & Trust Co.Court of Appeals for the Fourth Circuit · 1941
- Fisher v. North Penn BankSuperior Court of Pennsylvania · 1921
- Appeal of Anna NoceraSuperior Court of Pennsylvania · 1928
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