Legal Opinion

In re Philadelphia Co. for Guaranteeing Mortgages

Pennsylvania Court of Common Pleas, Philadelphia County

Decided June 26, 1939No. 6438Published

1Opinion of the Court

Heiligman, J.,

This case is before us on petition of Integrity Trust Company, successor trustee *48to the Philadelphia Company under a mortgage executed by C. Vernon Turner, for an order directing the Philadelphia Company to turn over to plaintiff a bill of sale of furniture in the Hotel Sylvania, Philadelphia. . . .

The position of the Philadelphia Company, before its removal as trustee, may be summarized as follows: (1) Trustee for the bondholders under the first mortgage of April 1,1922 (hereafter referred to as the Turner mortgage) ; (2) guarantor of the issue of $1,500,000 of bonds secured by…

2Cases cited13 opinions

  1. Meinhard v. SalmonNew York Court of Appeals · 1928
  2. McKeown's EstateSupreme Court of Pennsylvania · 1919
  3. Central Lithograph Co. v. Eatmor Chocolate Co.Supreme Court of Pennsylvania · 1934
  4. Hampton v. PhippsSupreme Court of the United States · 1883
  5. Commonwealth Tr. Co. of Pbg. v. HarkinsSupreme Court of Pennsylvania · 1933

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