Deckert v. Independence Shares Corporation

[Syllabus from pages 282-284 intentionally omitted]

Mr. Harry Shapiro, of Philadelphia, Pa., for petitioners.

Messrs. Robert F. Irwin, Jr., George M. Kevlin, and Frank R. Donahue, all of Philadelphia, Pa., for respondents Independence Shares Corporation and others.

Walter Biddle Saul, of Philadelphia, Pa., for respondent Pennsylvania Co. for Insurances on Lives and Granting Annuities.

Mr. Justice MURPHY delivered the opinion of the Court.