Wardowski v. Guardian Trust Co.

This is a suit to foreclose a land contract, executed by plaintiffs as vendors and the Guardian Trust Company, trustee, as vendee, in which the vendee’s interest therein and obligation thereunder has been assumed by the Union Guardian Trust Company, by merger of the Guardian Trust Company and the Union Trust Company under that name. Decree passed for plaintiffs, adjudging the sum of $115,934.25 due, and granting the trust company remedy against “syndicate members,” hereinafter mentioned, for deficiency liability. The trust company denies liability of the Guardian Trust Company in its…