Legal Opinion

Reconstruction Finance Corp. v. The William D. Mangold

District Court, E.D. New York

Decided June 29, 1951No. 19642PublishedCited by 6 opinions

1Opinion of the Court

INCH, Chief Judge.

This action was instituted to foreclose a preferred mortgage on the oil screw William D. Mangold. The libelant, Reconstruction Finance Corporation, is the assignee and holder of this preferred mortgage in the sum of $16,000. It was executed by Fenner & Sprague, Inc., the corporate owner of the vessel, to South Side Bank of Bay Shore.

Findings of fact, conclusions of law and a final decree based thereon, were entered in this action on March 27, 1951, wherein it was adjudged that the mortgage was a valid'and subsisting first lien on the William D. Mangold. The final decree…

2Cases cited2 opinions

  1. Hooper v. RobinsonSupreme Court of the United States · 1879
  2. J. P. Browder & Co. v. HillCourt of Appeals for the Sixth Circuit · 1905

3Cited by6 opinions

  1. P. T. Perusahaan Pelayaran Samudera Trikora Lloyd v. SalzachtalDistrict Court, E.D. New York · 1974
  2. H. W. Findley, Owner v. Henry P. Lanasa, LibelantCourt of Appeals for the Fifth Circuit · 1960
  3. Bank of New Orleans & Trust Co. v. Oil Screw Tracy MarieDistrict Court, W.D. Louisiana · 1978
  4. Howison v. Key Bank of Southern Maine (In Re Good Ship Appledore, Ltd.)United States Bankruptcy Court, D. Maine · 1990
  5. Standard Marine Bunkering Services, Inc. v. Landmark Union Ltd.District Court, S.D. Georgia · 1987

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