Cieniewicz v. Sliwka

The Chancellor.

Concerning the doctrine of bona fide purchaser for a valuable consideration and without notice, Pomeroy in Section 754 of his Treatise on Equity Jurisprudence (4th Ed.) states two general rules as settled since an early day. These are, first, “that if a second purchaser for value and without notice purchases from a first purchaser who is charged with notice, he thereby becomes a bona fide purchaser, and is entitled to protection;” and second, “that if a second purchaser with notice acquires title from a first purchaser who was without notice, and bona fide, he succeeds to all…