United States v. Eastern Woodworks, Inc.

R. DORSEY WATKINS, District Judge.

These proceedings were begun on September 27, 1956 by the filing of a verified petition by the original plaintiffs to foreclose a deed of trust from defendant dated June 30, 1955, in the amount of $25,000, in the note secured by which the Small Business Administration on the same date had acquired a ninety (90) per cent interest. The deed covered all machinery, equipment, furniture, fixtures and other chattels located in the building or on the premises at 1300 Bayard Street, Baltimore, Md. The petition alleged that there was due, unpaid and owing a principal…