MacLeod v. Walter J. Satterthwait, Inc.

The complainant is the holder of a second mortgage, dated during the year 1925, upon premises in Atlantic City, said premises being an apartment house of considerable size. These proceedings have gone to a final decree, execution issued thereon and the property advertised for sale.

The Atlantic City Kelvinator Company, Incorporated, is engaged in the business of selling electric refrigerators, and the Refrigeration Discount Corporation alleges that it is in the business of financing electric refrigerators.

On July 7th, 1930, defendant corporation Walter J. Satterthwait, Incorporated, made a…