FIRST NAT. BK. OF MT. CARMEL v. Reichneder

371 Pa. 463 (1952)

First National Bank of Mount Carmel

v.

Reichneder (et al., Appellant).

Supreme Court of Pennsylvania.

Argued May 28, 1952.

October 3, 1952.

Before DREW, C.J., STERN, STEARNE, JONES, BELL, CHILDSEY and MUSMANNO, JJ.

Sanford S. Marateck, with him Robert E. Bull and John L. Pipa, Jr., for appellant.

Russell S. Machmer, with him H.O. Moser, for appellee.

OPINION BY MR. JUSTICE HORACE STERN, October 3, 1952:

The question is whether the principle which generally governs the coverage of an industrial plant mortgage applies where the mortgaged property is described in the mortgage instrument…