Legal Opinion

First Nat. Bank v. Hager Oil Co.

New Jersey Court of Chancery

Decided July 11, 1929Published

1Opinion of the Court

No substantial doubt can be said to exist touching the material facts in this suit. Complainant is mortgagee of real estate on which there is erected a plant for extracting gasoline from oil. A part of the equipment of the plant heretofore included four large iron tanks which were annexed to and which formed a part of the realty. Defendant Howard L. Hager, the mortgagor, conveyed the mortgaged premises to defendant Hager Oil Company, which company has since been adjudged a bankrupt. Defendant Blaine, without right, has detached and removed the four tanks already referred to to a nearby lot…

2Cases cited1 opinion

  1. Verner v. BetzSupreme Court of New Jersey · 1889

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