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ADAMS v. READING TRUST CO.

Civ. No. 336.

34 F.Supp. 944 (1939)

ADAMS v. READING TRUST CO. et al.

District Court, E. D. Pennsylvania.

On Reargument January 22, 1940.

Attorney(s) appearing for the Case

Russell H. Yoder, of Reading, for plaintiff.

Randolph Stauffer, of Reading, for defendants.

Sur Plaintiff's Motion for Judgment on the Pleadings.

KIRKPATRICK, District Judge.

The facts, as they appear from the pleadings, are as follows:

The Reading National Bank, now in liquidation under the plaintiff as receiver, owned a mortgage in the amount of $75,000, securing an issue of 75 one thousand dollar bonds. The bank sold the bonds to the public and thereafter acted as trustee for the various bondholders...

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