Pittsburgh v. Fort Pitt Chemical Co.

Opinion by

Mr. Justice Linn,

The facts appear in a statement agreed to pursuant to Buie 56. Taxes due the City of Pittsburgh for land owned by the Pittsburgh Yalve, Foundry & Construe tion Company, became delinquent. It had mortgaged its land to the Colonial Trust Company of Pittsburgh, trustee, to secure a bonded indebtedness of $1,100,000. The Construction Company was subsequently declared bankrupt. The District Court, having jurisdiction of the bankruptcy, on April 30, 1940, granted leave to the City to proceed against the real estate for taxes, the order reciting that it appeared “to the…