Halprin v. Meehan

This is an action for specific performance brought by the vendor. The vendee answers that the title is not marketable because the beneficiaries of a certain trust were not parties to a foreclosure suit, through which comes the title of complainant.

In 1928, Ralph Haarlander, being the owner of the premises in question, made a conveyance of all his property to Llyle B. Reeb and two others, trustees appointed by a committee of his creditors. The deed ran to the grantees in trust to take possession, sell, convert into money, and with the proceeds to pay all debts and liabilities then due or to…