Supreme Court of Pennsylvania December 6, 1927, Appeal, 292 (Branch v. Kaiser)

Opinion by

Mr. Justice Frazer,

Defendants appealed from a decree entered by the court below on a bill in equity, filed by a trustee in bankruptcy, to compel repayment by respondents of moneys paid out as dividends alleged to have been wrongfully declared by the directors of the bankrupt corporation. Hearing was had in the court below by the court in banc on bill and answer.