COMMONWEALTH NAT. BANK v. MILLER


293 Pa.Super. 104 (1981)

437 A.2d 1012

COMMONWEALTH NATIONAL BANK, Appellant, v. C.M. MILLER, Defendant, v. AMERICAN BANK AND TRUST CO. OF PA., Garnishee.

Superior Court of Pennsylvania.

Decided November 30, 1981.


Attorney(s) appearing for the Case

Robert C. Spitzer, Harrisburg, for appellant.

R. Hart Beaver, Lebanon, did not file a brief on behalf of Miller, appellee.

Clemson N. Page, Jr., Reading, for American Bank, appellee.

Before MONTEMURO, HOFFMAN and VAN der VOORT, JJ.


MONTEMURO, Judge:

The instant action is the result of a battle between two creditors for the assets of a debtor who had pledged his securities to one financial institution as collateral for refinancing of prior debts and later used his personal assets to obtain a second loan for his corporation. There is no doubt that each bank had a legitimate claim, to repayment. When the debtor's financial situation collapsed, only one of the creditors was paid in full.

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases