Spitzer v. Brown

This is a suit in chancery to set aside a chattel mortgage foreclosure sale and for a decree declaring the chattel mortgage fully paid and discharged.

In February, 1938, Otto M.. Brown, Anna Salzberg and Abraham Salzberg purchased the business of the Ezeon Tie Company. The Salzbergs paid $3,000 for the business; and Brown gave to the Salzbergs his promissory note in the sum of $1,500 for his share in the business. Partnership papers were drawn up between Brown and Anna Salzberg. In December, 1938, the partnership was indebted to the Artistic Neckwear Company in the sum of $2,775.32.

On December…