The Dauphin County Reports

Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: Meadville Distilling Company's License. est and paying the same over to the assignee or holder of the certificate. I see nothing in the plan, as set forth, contrary to the laws relating to trust companies. In fact, trust funds are often invested by trust companies in large mortgages and certificates issued...
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Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: Meadville Distilling Company's License. est and paying the same over to the assignee or holder of the certificate. I see nothing in the plan, as set forth, contrary to the laws relating to trust companies. In fact, trust funds are often invested by trust companies in large mortgages and certificates issued to fiduciaries, or usually to the trust company, itself, as fiduciary, for a certain portion of said mortgage, setting forth the amount of the mortgage assigned to the particular trust. In this way the funds of a trust which are in a small amount can be invested in a first class mortgage, and, in my opinion, the sale to its customers by a trust company of an undivided interest in loans secured by bond and mortgage, and certificate issued evidencing such sale in the form submitted by said Trust Company, is not in violation of any law of the Commonwealth. Meadville Distilling Company's License. Distilling companies?License. A distilling company which did not distill during the year 1918, and desires a state license to sell its product on hand from previous years, should pay a license fee of one hundred dollars, under the Act of July 30, 1897, P. L. 464. Attorney General's Department. Opinion to Charles A. Snyder, Auditor General. Hargest, Deputy Attorney General, February 24, 1919. Your favor of the 17th inst, adressed to the Attorney General, is at hand. You ask to be advised as to what amount the Meadville Pa. Disstilling Company should pay for a license for the year beginning March 1, 1919. The facts I understand to be as follows: The Meadville Pa. Distilling Company has been operating a distillery for a number of years, at Meadville, Pa. For the last three years no license has been granted by the Court of Crawford County, but the distillery has b...