Commonwealth v. Union Surety & Guaranty Co.

Citations

• 37 Pa. Super. 167
• 1908 Pa. Super. LEXIS 255

Syllabus

<p>Trusts and trustees — Mingling trusts with general assets — Insolvency— Corporations.</p> <p>■ The owners of a trust fund held by an insolvent corporation are not entitled to a preference over general creditors in the distribution of the assets of the-company, unless they trace the fund into some specific property, or into some particular moneys or account of the insolvent company which had passed into the hands of its receiver or assignee.</p> <p>Appeals — Joint appeals — Separate and distinct claims.</p> <p>Parties making separate and distinct claims on a fund with no joint or common right in the claims, have no right to take a joint appeal from a decree disallowing the claims.</p>