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FIDELITY-PHILA. TR. CO. v. P. T. C.

No. 1375.

22 Pa. D. & C. 2d 181 (1960)

Fidelity-Philadelphia Trust Co. v. Philadelphia Transportation Co.

Common Pleas Court of Philadelphia County, Pennsylvania.

May 11, 1960.

Attorney(s) appearing for the Case

Ernest R. Von Starck, for plaintiff.

Hamilton C. Connor, Jr., for defendant.

WEINROTT, J., May 11, 1960.

... This action by the trustee was instituted on behalf of all bondholders under the Consolidated Mortgage 3%-6% Bonds, Series A, due January 1, 2039, issued at the time of the reorganization of Philadelphia Rapid Transit Company and its underlying companies, alleging that there was net income for the payment in full of income interest to all bondholders for the years 1957 and 1958. The...

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