Heaney v. Riddle

Opinion by

Mr. Justice Stern,

In 1916 Henry J. Heaney, plaintiff, gave his bond to Fidelity-Philadelphia Trust Company, Trustee, in the principal sum of $15,000, payable at the expiration of five years, secured by a mortgage on premises 219 Chestnut Street, Philadelphia, of which he was then the owner. In 1919 he conveyed the premises to The Riddle Company, a Pennsylvania corporation, under and subject to the mortgage. In 1928 The Riddle Company filed in the Court of Common Pleas of Philadelphia County a petition for dissolution, giving notice of the application by advertisement in two…