Gulf Refining Co. v. Camp Curtin Trust Co.

Opinion by

Mr. Justice Stern,

Moses Karmatz, in 1924, executed and delivered to defendant a mortgage of $4,800 covering two properties in Dauphin County, one situate in the Seventh Ward of the City of Harrisburg and the other in the Borough of Steelton. In 1927 he executed and delivered to defendant another mortgage of $5,000 which covered only the Harrisburg property. In 1929 he sold and conveyed the latter property to plaintiff, the purchase price being $19,000. Of this amount plaintiff gave to defendant $4,618.75, which was the sum' then required to satisfy the second or $5,000 mortgage on…