Scattergood v. Pine Ridge Coal Co.

Martin, P. J.,

The Pine Ridge Coal Company operated the coal mines it owned, located in Clearfield County, Pennsylvania.

On June 1, 1920, a mortgage of the entire property, real and personal, including machinery and equipment, was executed by the coal company to the Provident Life and Trust Company of Philadelphia, as trustee, to secure payment of bonds amounting to $250,000.

The mortgage provided that all property, real and personal, of every kind and description, when and as to the extent thereafter acquired by the company, should, without any further conveyance or assignment, immediately upon…