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TOWNSEND v. UNION TRUST CO.

January 25, 1933

TOWNSEND
v.
UNION TRUST CO. OF DONORA et al.



The opinion of the court was delivered by: MCVICAR

The Cities Service Company filed its bill of interpleader against Georgia R. Townsend et al., at No. 2586 in equity, in this court, to determine the ownership of 500 shares of the common stock of said company.This court made a decree wherein it was directed that Georgia R. Townsend be made plaintiff, and the Union Trust Company of Donora, Pa., and George B. Post et al. defendants, to determine the ownership of the stock hereinafter described.

An issue was framed on the statement of claim of Georgia R. Townsend, the affidavit of defense of the Union Trust Company of Donora, and the affidavit of defense of the other defendants in said issue. By stipulation filed the case was tried by the court without a jury. The court makes the following findings of fact and conclusions of law:

 Findings of Fact.

 1. Georgia R. Townsend is a citizen of Pennsylvania, and a resident of Apollo, Armstrong county, in said state.

 2. The Union Trust Company of Donora, defendant, is a banking corporation organized under and by virtue of the laws of the commonwealth of Pennsylvania.

 3. That there was issued to plaintiff common stock of the Cities Service Company as follows:

 Certificate No. VL31923 for 20 shares on May 16, 1929;

 Certificate No. VL493447 for 80 shares on December 17, 1929;

 Certificate No. VH93772 for 100 shares on October 3, 1929;

 Certificate No. VH303822 for 100 shares on May 8, 1931;

 Certificate No. VH303825 for 100 shares on May 8, 1931;

 Certificate No. VH303827 for 100 shares on May 8, 1931.

 That said stock was, and still is, registered in the name of Georgia R. ...


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