North American Properties, Ltd. v. Pocono Farms Lot Owners Ass'n
District Court, M.D. Pennsylvania
1Opinion of the Court
MEMORANDUM AND ORDER
NEALON, Chief Judge.
I. THE FACTS
This case comes before the Court on a defense motion for summary judgment. The plaintiff, North American Properties, Limited (“North American”), 1 possesses title to Pocono Farms North, a housing development in Coolbaugh Township, Monroe County, Pennsylvania. The defendant, Pocono Farms Lot Owners Association, holds a mortgage on this property. The instant lawsuit concerns the validity of the encumbrance. According to the plaintiff, the mortgage is void because its execution exceeded the corporate powers of Smoke Ridge Village, Inc., the…
2Cases cited26 opinions
- Karl R. Smith v. Pittsburgh Gage and Supply CompanyCourt of Appeals for the Third Circuit · 1972
- Beaver County Building & Loan Ass'n v. WinowichSupreme Court of Pennsylvania · 1936
- Lombardo v. Gasparini Excavating Co.Supreme Court of Pennsylvania · 1956
- Carrier v. William Penn Broadcasting Co.Supreme Court of Pennsylvania · 1967
- Sustrik v. Jones & Laughlin Steel Corp.Supreme Court of Pennsylvania · 1964
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3Cited by5 opinions
- Schaps v. Just Enough Corp. (In Re Pinto Trucking Service, Inc.)United States Bankruptcy Court, E.D. Pennsylvania · 1988
- Erie Marine Enterprises, Inc. v. Algoma Central Marine (In Re Erie Marine Enterprises, Inc.)United States Bankruptcy Court, W.D. Pennsylvania · 1997
- North American Properties, Limited v. Pocono Farms Lot OwnersassociationCourt of Appeals for the Third Circuit · 1980
- Pines v. FarrellSupreme Court of Pennsylvania · 2004
- Pines v. FarrellSupreme Court of Pennsylvania · 2004