North American Savings Co. v. Ulrich

Citations

• 42 Pa. Super. 624
• 1910 Pa. Super. LEXIS 393

Syllabus

<p>Receivers — Banks and banking — Products.</p> <p>Where a receiver has an account as receiver and his personal account in the same bank, and an attachment execution issues against the moneys in his personal account, and it appears that he had deposited two checks belonging to the receivership in his personal account, and it also appears that the amount of the first check had been withdrawn prior to the attachment, and there is testimony that the second check had been deposited in the personal account to pay back, advances previously made out of the receiver’s own moneys to the receivership, the attachment will hold all of the moneys in the receiver’s personal account. The doctrine of following trust funds wrongfully converted by a trustee is not applicable to the facts of such a case.</p>