When a bank or trust company or bank and trust company has heretofore been, or shall hereafter be, reorganized under the provisions of any law heretofore or hereafter enacted, and shall have transferred to a trustee or trustees for liquidation certain of its assets, the court of common pleas of the county, in which the principal place of business of such bank or trust company or bank and trust company was located, shall have jurisdiction over such liquidating trustee or trustees.
7 P.S. § 6251