Agnoli v. Powers, Assignees

This appeal is from an order passed by Judge Cullen on March 18, 1963, dismissing the petition of the appellants to enjoin mortgage foreclosure proceedings instituted by the appellees as assignees of a second mortgage from the Agnolis to Richmond Construction Company, Inc. (Richmond).

On May 12, 1956, the appellants entered into a written agreement with Richmond for the purchase of a new home to be erected upon a designated lot of ground at 5711 Benton Heights Avenue and to be similar in design to a sample house already erected on that street. Earl W. Powers signed the contract as…