DeSilver v. Pennsylvania Trust Co.

Supreme Court of Pennsylvania

DeSilver v. Pennsylvania Trust Co.

20 A.2d 761, 342 Pa. 320, 1941 Pa. LEXIS 527

CourtSupreme Court of Pennsylvania

DecidedMay 12, 1941

DocketAppeal, 103

StatusPublished

Cited by3 cases

This text of 20 A.2d 761 (DeSilver v. Pennsylvania Trust Co.) is published on Counsel Stack Legal Research, covering Supreme Court of Pennsylvania primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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DeSilver v. Pennsylvania Trust Co., 20 A.2d 761, 342 Pa. 320, 1941 Pa. LEXIS 527 (Pa. 1941).

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Opinion

Per Curiam,

On this appeal, which is from a decree dismissing a bill in equity filed by Edna M. DeSilver, as administratrix of the estate of her- deceased husband, Ernest DeSilver, who died March 15, 1931, against Pennsylvania Trust Company of Pittsburgh, now-in the hands of the Secretary of Banking, Colonial Trust Company of Pittsburgh and City of Pittsburgh, appellees, to.recover possession of securities registered in the name of the decedent and now held by Colonial Trust Company, as trustee of assets delivered to it by Pennsylvania Trust Company to secure the City’s account with the latter institution, the principal assignments of error question the competency and sufficiency of : the evidence relied upon by appellees to. sustain the. findings of the chancellor that the securities in question, which are valued at $36,536.25, were not the absolute and unconditional property of the decedent, as averred by appellant, but, as averred by appellees, had been pledged by him as collateral security for an indebtedness to the Pennsylvania Trust Company evidenced by thirteen notes totalling $52,378.25.

Conceding that the burden of proof was upon appellees to establish the validity of the notes (Boyd v. Kirch, 234 Pa. 432, 434; Austen v. Marzolf, 307 Pa. 232, 235), and despite the testimony of appellant’s hand *322 writing experts,- which was met by the testimony of an equal number of qualified experts, called by appellees, that- the notes were genuine and which, -in any event, would not, of itself, have warranted a finding of forgery (Henry’s Estate 276 Pa. 511, 513; McWilliams’s Estate, 259 Pa. 526, 532; DeLaurentiis’s Estate, 323 Pa. 70, 76), we are not convinced that the evidence adduced by appellees, which is set forth in detail in the adjudication of the chancellor and need not be repeated herej was-not sufficient, both in character and amount, for the purpose offered, or that any of the chancellor’s findings and conclusions was clearly erroneous. These findings and conclusions, which' were approved by the court-en banc, are,, consequently, affirmed. As to the remaining assignments of - error, which complain of certain rulings on evidence and of the- refusal of the court below to reopen-the case on the ground of alleged after-discovered evidence, it is sufficient to state that we find no substantial merit in any- of them and that, upon a review of the whole -record, we all agree that the decree appealed from must be affirmed.

Decree affirmed at appellant’s cost.

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Per Curiam,

On this appeal, which is from a decree dismissing a bill in equity filed by Edna M. DeSilver, as administratrix of the estate of her- deceased husband, Ernest DeSilver, who died March 15, 1931, against Pennsylvania Trust Company of Pittsburgh, now-in the hands of the Secretary of Banking, Colonial Trust Company of Pittsburgh and City of Pittsburgh, appellees, to.recover possession of securities registered in the name of the decedent and now held by Colonial Trust Company, as trustee of assets delivered to it by Pennsylvania Trust Company to secure the City’s account with the latter institution, the principal assignments of error question the competency and sufficiency of : the evidence relied upon by appellees to. sustain the. findings of the chancellor that the securities in question, which are valued at $36,536.25, were not the absolute and unconditional property of the decedent, as averred by appellant, but, as averred by appellees, had been pledged by him as collateral security for an indebtedness to the Pennsylvania Trust Company evidenced by thirteen notes totalling $52,378.25.

Conceding that the burden of proof was upon appellees to establish the validity of the notes (Boyd v. Kirch, 234 Pa. 432, 434; Austen v. Marzolf, 307 Pa. 232, 235), and despite the testimony of appellant’s hand *322 writing experts,- which was met by the testimony of an equal number of qualified experts, called by appellees, that- the notes were genuine and which, -in any event, would not, of itself, have warranted a finding of forgery (Henry’s Estate 276 Pa. 511, 513; McWilliams’s Estate, 259 Pa. 526, 532; DeLaurentiis’s Estate, 323 Pa. 70, 76), we are not convinced that the evidence adduced by appellees, which is set forth in detail in the adjudication of the chancellor and need not be repeated herej was-not sufficient, both in character and amount, for the purpose offered, or that any of the chancellor’s findings and conclusions was clearly erroneous. These findings and conclusions, which' were approved by the court-en banc, are,, consequently, affirmed. As to the remaining assignments of - error, which complain of certain rulings on evidence and of the- refusal of the court below to reopen-the case on the ground of alleged after-discovered evidence, it is sufficient to state that we find no substantial merit in any- of them and that, upon a review of the whole -record, we all agree that the decree appealed from must be affirmed.

Decree affirmed at appellant’s cost.

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20 A.2d 761, 342 Pa. 320, 1941 Pa. LEXIS 527, Counsel Stack Legal Research, https://law.counselstack.com/opinion/desilver-v-pennsylvania-trust-co-pa-1941.

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