Weil v. Biltmore Grande Realty Corp.

This action was commenced on August 2, 1945, by Benjamin M. Weil, trustee, plaintiff, against Biltmore Grande Reality Corporation, Charles E. Perry, Peter A. Adriansen, and E. M. Boerke, trustees, defendants, to foreclose a trust deed given on September 15, 1924, by Biltmore Grande Realty Corporation, hereinafter called "corporation," to secure the payment of $415,800 first-mortgage bonds, payable serially commencing with the year 1926. The bonds of the issue last due matured on September 15, 1934. The bonds bore interest at the rate of six and one-half per cent, payable semiannually.…