COM. EX REL. SHEPPARD v. CEN. PENN NAT. BK.

No. 672 C.D. 1976.

31 Pa.Commw. 190 (1977)

Commonwealth of Pennsylvania ex rel. William J. Sheppard, Insurance Commissioner, Statutory Liquidator for Gateway Insurance Company, Plaintiff v. Central Penn National Bank, Defendant.

Commonwealth Court of Pennsylvania.

July 20, 1977.


Attorney(s) appearing for the Case

G. David Rosenblum, with him Astor & Weiss, for plaintiff.

Richard M. Shusterman, with him White and Williams, for defendant.

Argued March 8, 1977, before President Judge BOWMAN and Judges CRUMLISH, JR., KRAMER, WILKINSON, JR., MENCER, ROGERS and BLATT.


OPINION BY PRESIDENT JUDGE BOWMAN, July 20, 1977:

Plaintiff, William J. Sheppard, Insurance Commissioner and Statutory Liquidator for Gateway Insurance Company (Gateway) initiated this action in assumpsit within our original jurisdiction to recover certain monies (alleged to total $709,864.05) which were previously held either by Gateway or by a related company allegedly in Gateway's behalf, in various accounts...

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