DocketNumber: Appeal, No. 103
Judges: Head, Kephart, Ortjadt, Rice, Trexler
Filed Date: 3/11/1915
Status: Precedential
Modified Date: 11/14/2024
Opinion by
The matter came before the court upon petition and answer. The petition of the appellant represented that a receiver had been appointed for the Ben’s Creek Coal & Coke Co.; that the receiver had procured fidelity bonds from the petitioner the Title Guaranty and Surety Co., and that the premiums upon said bonds had not been paid. The answer of the Altoona Trust Co., as trustee of the funds arising out of the receivership, asserts that there are no funds in hand out of which the premiums should be paid and states that it had in hand the sum of $5,125.75 at the time the account was filed, but since that time the funds have been exhausted by payments made under an order of court.
If we look at the record we find that the court by decree entered December 10, 1910, directed the trust company to make a just and equitable settlement of the royalties and wages justly due in order to secure a discontinuance of certain actions in ejectment and the assignment of certain coal leases.
The appeal is dismissed at the cost of appellant.