Chemical Bank & Trust Co. v. National Mortgage & Discount Corp.

The parties are aligned as at the trial. Plaintiff in. error will he referred to as the hank, defendant in error-as national company and Nina M. Knox and Thomas C. Knox as the mortgagors. The hank and national company respectively claim a certain fund in the hands of a receiver, which was later paid into the registry of the-court, pending its ultimate disposal. It was ordered to he paid to the national company; the claim of the bank' was dismissed and it prosecutes error. The mortgagors-assert no interest in the fund and are not parties to the present writ.

The mortgagors owned income property…