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BINENSTOCK TRUST

410 Pa. 425 (1963)

Binenstock Trust.

Supreme Court of Pennsylvania.

March 19, 1963.

Attorney(s) appearing for the Case

Austin M. Lee, with him Frank F. Truscott, for appellant.

Perch P. Hankin, and Hankin, Hankin & Shanken, for appellant.

Harry Shapiro, Irwin Edward Robinson, and Shapiro, Rosenfeld, Stalberg & Cook, for appellants.

Robert J. Spiegel, with him Earl Jay Gratz, for appellee.

Cuthbert H. Latta, for trustees, appellees.

Before BELL, C.J., MUSMANNO, JONES, COHEN, EAGEN, O'BRIEN and KEIM, JJ.

OPINION BY MR. JUSTICE COHEN, March 19, 1963:

In 1943 the Commonwealth of Pennsylvania instituted proceedings in the Court of Common Pleas No. 1 of Philadelphia County against Joseph Binenstock for the escheat of ownerless funds allegedly in his possession. While this litigation was still pending, Binenstock in 1947 created for the benefit of his four daughters and their issue an inter vivos trust consisting of all the capital stock of J.A. Dougherty's Sons, Inc....

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