Forman Building & Loan Ass'n v. Prager

Brown, Jr., J.,

December 21,1925, defendants executed a collateral bond in plaintiff’s favor in the amount of $3,000 conditioned for the payment of dues, interest, and taxes as set forth in bonds and mortgages given to plaintiff by I. Benjamin Shapiro, the then owner of premises 1530-32 Naudain Street, Philadelphia. Taxes for the years 1929 and 1930 not having been paid, plaintiff entered judgment on the collateral bond, and this judgment, upon defendants’ petition, plaintiff’s answer thereto, and depositions, we opened. The subsequent trial before a jury resulted in a verdict for defendants.…