Stuart Court Realty Corp. v. Gillespie

William R. Gillespie, of Bronxville, New York, the holder of $450,000.00 payable to bearer bonds, secured by deed of trust on a certain apartment house in the city of Richmond, instituted this proceeding by a bill for foreclosure filed in the Law and Equity Court of the city of Richmond on the first January Rules, 1927. The Stuart Court Realty Corporation, made defendant in the bill, answered, denying the right of the complainant, Gillespie, to maintain the suit, and charging fraud and usury in the bonds and mortgage.

Henry Wallerstein, as holder of $30,000.00 of notes secured by a second deed…