Successful Building Association's Case

Supreme Court of Pennsylvania

Successful Building Association's Case

14 A.2d 101, 339 Pa. 12, 1940 Pa. LEXIS 574

CourtSupreme Court of Pennsylvania

DecidedMay 10, 1940

DocketAppeal, 308

StatusPublished

This text of 14 A.2d 101 (Successful Building Association's Case) 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.

Bluebook

Successful Building Association's Case, 14 A.2d 101, 339 Pa. 12, 1940 Pa. LEXIS 574 (Pa. 1940).

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Opinion

Opinion by

Mr. Justice Stern,

At the audit of the first and final account of the receiver of the Successful Building Association, the court permitted him to set off the deposit balance of the Association in the Northwestern Trust Company against the liquidating dividends on the shares of stock in the Association owned by the Trust Company. The appeal of the receiver of the Trust Company from that rilling must be sustained for the reasons stated in the opinion in re appeal No. 376, Jan. T., 1939.

The decree of the court below is reversed, the costs to be divided equally between the receiverships of the Trust Company and the Successful Building Association.

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Opinion by

Mr. Justice Stern,

At the audit of the first and final account of the receiver of the Successful Building Association, the court permitted him to set off the deposit balance of the Association in the Northwestern Trust Company against the liquidating dividends on the shares of stock in the Association owned by the Trust Company. The appeal of the receiver of the Trust Company from that rilling must be sustained for the reasons stated in the opinion in re appeal No. 376, Jan. T., 1939.

The decree of the court below is reversed, the costs to be divided equally between the receiverships of the Trust Company and the Successful Building Association.

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Bluebook (online)

14 A.2d 101, 339 Pa. 12, 1940 Pa. LEXIS 574, Counsel Stack Legal Research, https://law.counselstack.com/opinion/successful-building-associations-case-pa-1940.