Legal Opinion
John Murtland, Inc. v. Empire Trust Co.
Court of Appeals for the Third Circuit
Decided February 21, 1930No. Nos. 4178, 4186-4189, 4195-4198PublishedCited by 2 opinions
1Opinion of the Court
AVIS, District Judge.
This suit involves a foreclosure proceeding commenced in the United States District Court for the District of New Jersey to foreclose a second mortgage held by Empire Trust Company, trustee, against President Apartment Hotel Company, and covering certain land in Atlantic City in the District of New Jersey.
The President Apartment Hotel Company, the owner of the land, desiring to construct a hotel building thereon, arranged for a second mortgage with Empire Trust Company, trustee, in the amount of $1,500,000 to secure bonds to be issued thereunder, and executed a contract…
2Cases cited8 opinions
- Continental Trust Co. v. Toledo, St. L. & K. C. R.U.S. Circuit Court for the District of Northern Ohio · 1897
- Porch v. Agnew Co.New Jersey Court of Chancery · 1905
- Improved Building & Loan Ass'n v. LarkinNew Jersey Court of Chancery · 1917
- Earle v. S. A. Willets & Co.Supreme Court of New Jersey · 1893
- J. D. Loizeaux Lumber Co. v. SteinbergSupreme Court of New Jersey · 1925
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3Cited by2 opinions
- Guaranty Trust Co. v. Williamsport Wire Rope Co.District Court, M.D. Pennsylvania · 1937
- Guaranty Trust Co. v. Williamsport Wire Rope Co.District Court, M.D. Pennsylvania · 1937