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PILTZER v. INDEPENDENCE F.S. & L. ASSN.

456 Pa. 402 (1974)

Piltzer v. Independence Federal Savings and Loan Association, Appellant.

Supreme Court of Pennsylvania.

May 22, 1974.

Attorney(s) appearing for the Case

William L. Matz, with him Erwin Miller, and Zoob & Matz, for appellant.

Stephen M. Feldman, with him Joseph G. Feldman, and Feldman & Feldman, for appellees.

Before JONES, C.J., EAGEN, O'BRIEN, ROBERTS, POMEROY and MANDERINO, JJ.

OPINION BY MR. JUSTICE ROBERTS, May 22, 1974:

Irving H. and Lillian Piltzer brought an action in equity in behalf of themselves and all others similarly situated against Independence Federal Savings & Loan Association. Plaintiffs alleged that they were mortgagors of Independence Federal, and that the defendant's practice of requiring its mortgagors to escrow taxes, water rents, and insurance premiums either constituted a breach of an express trust, violated a...

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