Legal Opinion
Central Pennsylvania Savings Ass'n v. Carpenters of Pennsylvania, Inc.
Supreme Court of Pennsylvania
Decided July 8, 1983No. 17 M.D. Appeal Docket 1982PublishedCited by 5 opinions
1Opinion of the Court
OPINION
ZAPPALA, Justice.
Appellant, Commonwealth National Bank, (hereafter Bank) and Appellee, Central Pennsylvania Savings Association, (hereafter Savings and Loan) both made loans to Carpenters of Pennsylvania (hereafter Carpenters) for the construction of dwelling units in the Borough of Steelton, Dauphin County. Savings and Loan agreed on November *2030,1973,' to lend $1,289,500 for a fifty unit project. The loan was reduced to $1,221,500 at closing. It was secured by a construction mortgage against the land, which was recorded on December 3, 1973. The Savings and Loan advanced $1,211,103.87 on…
2Cases cited12 opinions
- Commonwealth v. BlairSupreme Court of Pennsylvania · 1975
- E. J. McAleer & Co. v. Iceland Products, Inc.Supreme Court of Pennsylvania · 1977
- Zvonik v. ZvonikSuperior Court of Pennsylvania · 1981
- Housing Mortgage Corp. v. Allied Construction, Inc.Supreme Court of Pennsylvania · 1953
- Sansotta v. PittsburghSupreme Court of Pennsylvania · 1938
7 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Burns v. City of PhiladelphiaSupreme Court of Pennsylvania · 1986
- Comfed Savings Bank v. Newtown Commons Plaza Assoc.District Court, E.D. Pennsylvania · 1989
- Apex Mortgage Corporation v. Great Northern Insurance CompanyDistrict Court, N.D. Illinois · 2019
- CENT. PA. SAV. ASS'N v. Carpenters of Pa.Supreme Court of Pennsylvania · 1983
- Provident National Bank v. First Pennsylvania Bank, N.A. (In Re Johnson)United States Bankruptcy Court, E.D. Pennsylvania · 1991