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bearer bonds seized by the FBI. Lynch and the law firm then
filed three civil actions in the U.S. District Court for the
Eastern District of Pennsylvania to recover the allegedly stolen
securities.
In April 1980, the civil litigation for the recovery of the
stolen securities was settled. Pursuant to the settlement
agreement, the estate was to receive securities in the face
amount of $1,623,000.
On April 8, 1980, the law firm rented a safety deposit box
at Provident Tradesmens Bank & Trust Co. in Philadelphia. The
signature card for the safety deposit box was signed by Marcel
Groen, Ronald Smolow, and Lynch.
The United States Attorney's office inventoried the
securities in the Government's possession that were to be turned
over to the estate pursuant to the settlement of the litigation
between the Bossis and the estate. The securities were delivered
to Lynch and Anthony Orlando who deposited them in the safety
deposit box at the Provident bank on April 10, 1980. Also, on
April 10, 1980, Lynch and Reardon signed the following agreement:
HOLD HARMLESS AND INDEMNITY AGREEMENT
Dated as of this 10th day of April, 1980, in
consideration of the disbursement of certain funds
deemed earned as professional fees pursuant to prior
agreements with Mary Orlando, in her capacity as the
duly appointed Administratrix of the Estate of Philip
Meriano, Edward J. Reardon, Jr. and John T. Lynch Jr.,
Esquire, agree(s) to INDEMNIFY AND HOLD HARMLESS the
Estate of Philip Meriano and Mary Orlando, the
Administratrix of the Estate against any and all claims
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