DEAN VINCENT, INC. v. Redisco, Inc.

This is a contest for priority between secured creditors. It arises out of the building of an apartment house. The plaintiff holds a first mortgage on the real property. The defendant Eedisco, Inc., holds a conditional -sales contract and a second mortgage for the price of the floor coverings and the installation charges therefor. From a decree according priority to the plaintiff’s mortgage, Eedisco appeals.

There were a number of other parties and issues in the suit, but they are all peripheral to the question presented here. The first question is whether installed wall-to-wall carpeting can…