City of Philadelphia v. Croft

Smith, P. J.,

The Pennsylvania Company for Banking and Trusts, trustee, the holder of a blanket first mortgage upon properties situate 3250-52 Ludlow Street, Philadelphia, as well as’ for other parcels of real estate, has filed a petition for the redemption of the Ludlow Street properties sold under sheriff’s sale, by order of the court “subject only to the right of redemption as provided by law”.

The petition for redemption offers to pay the redemption price allowed by statute. The answer of respondents avers that, since the petition does not allege that the trustee had the consent of the…