Philadelphia Saving Fund Society v. Stern

Alessandroni, J.,

Defendants have filed two rules to open two confessed judgments entered by plaintiff on two bonds executed by defendants and secured by mortgages on real estate. From an examination of the pleadings and the admissions contained therein, the depositions taken in support thereof, and the stipulation of counsel, the following facts are substantially undisputed.

On November 9, 1922, defendants, husband and wife, acquired title to two properties from one Michael Wein-stein. On the same day they executed purchase-money bonds in favor of Michael Weinstein secured by two mortgages on…