Bigelow v. Lawyers Mortgage Investment Corp.

The receiver appointed by this court for Lawyers Mortgage Investment Corporation of Boston, hereinafter called the mortgage company, reports that substantially all the assets of that company have now been turned into liquid form, and requests the determination by the court of several questions of law which must be settled before distribution can be made.

The material facts have been agreed upon among the parties interested and in so far as is necessary will be referred to later in dealing with the particular issues. It may be stated here, however, that prior to the year 1933 the mortgage…