Supreme Court of Pennsylvania April 29, 1935, Appeals, 265-7 (Franklin Trust Co. of Philadelphia Case)

Opinion by

Me. Justice Linn,

Of the three appeals raising the single question presented by this record, we need consider only that of the depositor, Loux. When the receiver took charge of the Franklin Trust Company, October 5, 1931, F. W. Woolworth Company, a corporation, had in its checking account a credit of $51,158.52 and was owner of a certificate of deposit in the sum of $1,000.