Legal Opinion

Associated Realty Corp. v. Caldwell

Superior Court of Delaware

Decided July 25, 1933No. 71PublishedCited by 1 opinion

1Opinion of the Court

Pennewill, C. J.,

delivering the opinion of the court:

The question raised is whether the entire proceeds of the sale must be applied to the Heather execution, the first lien on the property sold, or only so much as remains after the payment of the costs of the subsequent judgment and execution upon which that property was sold, including the costs of sale.

The sheriff being in doubt as to the proper and legal application of the fund in his hands derived from the sale, was permitted to pay the same into court, where it now remains.

It is not certain that the practice in applying the proceeds of…

2Cases cited5 opinions

  1. Central Trust & Savings Co. v. Chester County Electric Co.Court of Chancery of Delaware · 1911
  2. Lahr's AppealSupreme Court of Pennsylvania · 1879
  3. Buena Vista Loan & Savings Bank v. GrierSupreme Court of Georgia · 1901
  4. Bryant's AppealSupreme Court of Pennsylvania · 1883
  5. Fry's AppealSupreme Court of Pennsylvania · 1874

3Cited by1 opinion

  1. Maryland National Bank v. Porter-Way Harvester Manufacturing Co.Supreme Court of Delaware · 1972

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