In re East Stroudsburg Supply & Construction Co.
District Court, M.D. Pennsylvania
In Bankruptcy. In the matter of the bankruptcy of the East Stroudsburg Supply & Construction Company. On rule to show cause why Louis Sulkin, mortgagee, should not release certain lots from the lien of his mortgage, and the same should not be ordered sold, discharged of the mortgage lien.
1Opinion of the Court
WITMER, District Judge.
Louis Sulkin was the owner of a tract of real estate in Stroudsburg, which he sold to the East Stroudsburg Supply & Construction Company, taking from the company, as part consideration of the purchase money, a mortgage, which was recorded *357and made a lien covering the entire property conveyed. It was the intent and purpose of the purchaser, the East Stroudsburg Company, to erect buildings upon said real estate and to sell and dispose of the same in lots and parcels, and, in order to transfer the required title, free and discharged of the lien of the mortgage, a release…
2Cases cited5 opinions
- Whitney v. WenmanSupreme Court of the United States · 1905
- Humphrey v. TatmanSupreme Court of the United States · 1905
- Levers v. Van BuskirkSupreme Court of Pennsylvania · 1846
- Van Kirk v. Vermont SlateDistrict Court, N.D. New York · 1905
- Jones v. VogelSupreme Court of Pennsylvania · 1898
3Cited by1 opinion
- Donner v. Union Trust Co.Court of Appeals for the Third Circuit · 1927