In re Corso

HULBERT, District Judge.

In October, 1928, Giacomo Corso purchased from Samuel Lenner and his wife a 110-acre farm at Glen Wild, Sullivan county, N. Y., for $14,000. A down payment of $3,000 in cash was made, and the purchaser negotiated a loan of $3,500 on his bond, secured by a first mortgage lien upon said premises, the proceeds of which loan were paid to Lenner, in whose favor Corso also executed a bond and purchase-money second mortgage to secure the balance of $7,500. The vendee also acquired the farm implements, 10 head of cattle, and some household furniture upon which he gave Lenner a…