Shotkin v. Presbyterian Church Board of Pensions

Per Curiam,

Defendant was the holder of a mortgage on premises 354 West Johnson Street, Philadelphia, dated April 4, 1932, and payable at the expiration of three years thereafter. On April 11, 1940, defendant began foreclosure proceedings against the mortgagor and plaintiffs as real owners. On April 30, 1941, defendant obtained judgment for want of a sufficient affidavit of defense, and on August 7, 1941, a levari facias was issued for the sale of the property. On August 12, 1941, plaintiffs filed the present bill in equity for an accounting and to restrain defendant from proceeding in the…