49 Pa. Super. 208 | Pa. Super. Ct. | 1912
Opinion by
This is an appeal by J. W. Baker from the decree dismissing the exceptions filed by him to the report of the auditor appointed to make distribution of the balance shown by the final account of the assignees for the benefit of creditors of the Rothsville Knitting Mills. Thé claim of the appellant was based on a note in his'favor for $2,115 payable one day after date, with confession of judgment and usual waivers, signed “Rothsville Knitting Mills, Inc. (Seal), C. W. Grosh, Treas. (Seal).” The question in the case was, whether the original note, of which this was the last of a series of renewals, was given for a loan by Baker to the company, which the company had the benefit of, or was given for a loan by Baker to C. W. Grosh individually. Baker did not testify in the case, but Grosh testified that it was given for a loan to the company and that the money went into the company’s treasury. As opposed to this testimony, the assignees and other claimants of the fund relied upon a combination of facts which they contend, and the auditor found, showed that the note was given for a loan to Grosh. These facts are so clearly and satisfactorily recited in the auditor’s report that we shall not undertake to state them in another form. “C. W. Grosh who was treasurer of the company, is a son-in-law of J. W. Baker, and, on March 20, 1909, Mr. Baker gave to Grosh a check for $1,000. The check was made payable'to C. W. Grosh and was deposited by him to his own account, and afterward a check was given by Grosh to the Rothsville Knitting Mills for the same amount. On May 7, 1909, the same thing was done, Baker giving to Grosh a check for $1,000, Grosh depositing it to his own account and giving his check to the Rothsville Knitting Mills for
The decree is affirmed and the appeal dismissed at the costs of the appellant.