Investment B. L. Assn. v. Preisendanz

The complainant, a building and loan association, made a mortgage loan to defendant Hugo Theodore Preisendanz, on property located in the city of Camden, New Jersey, at 830 South Fifth street, and received from that defendant a bond, a mortgage, and an assignment of shares of stock of said association; upon foreclosure of this mortgage a deficiency resulted, for which complainant entered a judgment in the New Jersey supreme court.

The association had therefore made a similar mortgage loan to the same defendant on property in the city of Camden, New Jersey, at 700 South Fifth street, and had…