Pearson v. Mulloney

The plaintiff, as receiver of Federal National Bank of Boston by appointment of the comptroller of the currency, brought this suit on September 9, 1932, to enforce the rights of said bank in an apartment house which the bank had bought on foreclosure sale and had conveyed to the defendant Gallagher on February 1, 1930, taking back a first mortgage for $180,000. On December 28, 1932, Inman Trust Company, in possession of Arthur Guy, commissioner of banks of the Commonwealth, by leave of court filed an intervening petition in the suit to set up the rights of the trust company under a second…