PENNSYLVANIA SLOVAK R. AND G. C. UNION v. AMERICAN S. CO.

No. 5221.

71 F.2d 537 (1934)

PENNSYLVANIA SLOVAK ROMAN AND GREEK CATHOLIC UNION v. AMERICAN SURETY CO. OF NEW YORK.

Circuit Court of Appeals, Third Circuit.

Rehearing Denied April 9, 1934.


Attorney(s) appearing for the Case

Peter P. Jurchak and David Rosenthal, both of Wilkes-Barre, Pa., for appellant.

Paul G. Collins and M. J. Martin, both of Scranton, Pa., for appellee.

Before BUFFINGTON, WOOLLEY, and THOMPSON, Circuit Judges.


WOOLLEY, Circuit Judge.

The Catholic Union had five accounts with the Pennsylvania Liberty Bank and Trust Company, of Wilkes-Barre, Pennsylvania, two checking accounts and three savings accounts; interest on the former being at one rate and interest on the latter at a higher rate. For a long time the Union had, in a way not unusual in rural banking, drawn against all accounts at sight. It held bonds of the bank, with the American Surety Company as surety, ensuring...

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