First Trust Co. v. Glendale Realty Co.

This is an appeal from a final order of the district court for Douglas county denying an application for a deficiency *284judgment against Abe Levey. It was filed in this court on August 18, 1932.

The record discloses that Joe Lapidus and Abe Levey were equal owners of the capital stock of the Glendale Realty Company, a corporation. On July 8, 1925, a loan was obtained from the First Trust Company of Omaha, Nebraska, on certain real estate, the title to which was then in the Glendale Realty Company. This loan was secured by a mortgage executed by that corporation and evidenced by “First mortgage…