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EQUITABLE TRUST CO. v. SCHWEBEL

No. 702.

40 F.Supp. 112 (1941)

EQUITABLE TRUST CO. v. SCHWEBEL.

District Court, E. D. Pennsylvania.

August 12, 1941.

Attorney(s) appearing for the Case

Paul Freeman of Freeman, Fox & Steeble, all of Philadelphia, Pa., for plaintiff.

Louis Sherman, of Philadelphia, Pa., for defendant.

BARD, District Judge.

Plaintiff and defendant are trustees of an inter vivos trust. Plaintiff is a resident of New Jersey and defendant, though in the trust indenture termed a resident of New Jersey, is now a resident of Pennsylvania. The beneficiary of the trust, Marie Swoboda, is a resident of New Jersey. The income from six per cent mortgage securities covering six parcels of Philadelphia, Pennsylvania, real estate is reserved to the beneficiary.

Plaintiff...

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