Case Name: Successful Building Association's Case
Court: Supreme Court of Pennsylvania
Jurisdiction: Pennsylvania
Decision Date: 1940-06-24
Citations: 339 Pa. 12
Docket Number: Appeal, No. 308
Parties: Successful Building Association’s Case.
Judges: Before Schaefer, C.' J., Maxey, Drew, Linn, Stern, Barnes and Patterson, JJ.
Reporter: Pennsylvania State Reports
Volume: 339
Pages: 12–13

Head Matter:
Successful Building Association’s Case.
Argued May 10, 1940.
Before Schaefer, C.' J., Maxey, Drew, Linn, Stern, Barnes and Patterson, JJ.
John W. Lord, Jr., Special Deputy Attorney General, with him James W. McLea, for appellant.
George J. Mallen, Special Deputy Attorney General, with him Russell C. Wismer, for appellee.
Orville Brown, Deputy Attorney General, and Claude T. Reno, Attorney General, for Commonwealth, Amicus Curiae.
June 24, 1940:

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.