A.M. Krantz Co. v. Kort

This is a suit to have a certain deed made by defendant Kort to defendant Citizens Trust Company construed as a mortgage, to have the property sold and to have the lien of the complainant and other mechanics' lienors declared to be superior to the lien of the Citizens Trust Company.

On April, 1927, Kort was a builder and arranged for the purchase of the premises in question, on which he intended to erect a building. He applied to the Citizens Trust Company, to which he was already indebted, for a further loan and on the 21st day of June, 1927, he borrowed from the trust company the sum of…