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FRANCIS I. du PONT & CO. v. SHEEN

No. 14359.

324 F.2d 3 (1963)

FRANCIS I. du PONT & CO., a partnership composed of Edmond du Pont et al., Plaintiff in Interpleader and Appellant, v. Al B. SHEEN and John F. Connelly.

United States Court of Appeals Third Circuit.

Decided October 23, 1963.

Rehearing Denied November 27, 1963.

Attorney(s) appearing for the Case

Charles M. Solomon, Philadelphia, Pa. (Fox, Rothschild, O'Brien & Frankel, Philadelphia, Pa., on the brief), for appellant.

John A. Eichman, III, Philadelphia, Pa. (Clark, Spahr, Eichman & Yardley, Philadelphia, Pa., on the brief), for appellee Al B. Sheen.

Before McLAUGHLIN, STALEY and HASTIE, Circuit Judges.

HASTIE, Circuit Judge.

This interpleader suit was instituted by appellant Francis I. du Pont & Co., a stock brokerage firm, to determine who was entitled to a balance of $101,024.45 standing to the credit of the appellee, Al B. Sheen, in a margin account after the sale of certain stock. Upon filing the complaint, which alleged that both Sheen and John F. Connelly were claiming the fund, du Pont deposited the sum in question in the registry of the district court...

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