Alliance Trust Co. v. Paggi-Streater Co.

The plaintiff, Alliance Trust Company, Limited, is a mortgage creditor of the defendants in the sum of $10,000, with interest thereon. Alleging that two of the mortgage notes of $2,000 each and one coupon interest note of $560 were past due and also an additional indebtedness of $223.64 for insurance premiums paid, plaintiff proceeded by ordinary process to have its mortgage recognized and made executory to the extent of $4,783.-64, with interest and attorney’s fees on .the entire indebtedness of $10,783.64. Defendants answered admitting the allegations of the petition, except as to the…