Buchanan et al., Appellants,
v.
Brentwood Federal Savings & Loan Assoc.
Supreme Court of Pennsylvania.https://leagle.com/images/logo.png
Argued September 25, 1973.
April 23, 1974.
Attorney(s) appearing for the Case
W.R. Lorry and Daniel M. Berger, with them Michael P. Malakoff, James H. Joseph, Herbert G. Sheinberg, Stewart B. Barmen, Berger & Kapetan, James H. Joseph, P.C., and Raphael, Sheinberg & Barmen, P.A., for appellants.
Alexander Black and David B. Fawcett, Jr., with them David S. Watson, Judah I. Labovitz, Alexander C. Sherrard, William M. Hoffman, Harold H. Goldman, James Russell Sweeny, E.D. Hollinshead, Jr., Daniel P. Stefko, G. Harold Blaxter, Charles F. Hodel, Jr., John M. Means, J. Tomlinson Fort, James J. Restivo, Jr., Frank R. Bolte, Donald S. Hershman, William H. Markus, W. Walter Braham, Jr., Judd N. Poffinberger, Jr., Buchanan, Ingersoll, Rodewald, Kyle & Buerger, Dickie, McCamey & Chilcote, Thorp, Reed & Armstrong, Wolf, Block, Schorr & Solis-Cohen, Campbell, Thomas & Burke, Goldman & Unatin, Hollinshead & Mendelson, Blaxter, O'Neil, Houston & Nash, Smith, Hodel & Means, Reed, Smith, Shaw & McClay, Baskin, Boreman, Wilner, Sachs, Gondelman & Craig, and Kirkpatrick, Lockhart, Johnson & Hutchison, for appellees.
Jerome H. Gerber and Handler, Gerber, Widmer and Weinstock, for Pennsylvania State AFL-CIO, amicus curiae.
Robert S. Ryan, William C. Bullitt, and Drinker, Biddle & Reath, for Pennsylvania Association of Mutual Savings Banks, amicus curiae.
William H. Markus and Markus, Riethmuller & Smith, for Pennsylvania Savings and Loan League, amicus curiae.
Before JONES, C.J., EAGEN, O'BRIEN, ROBERTS, POMEROY, NIX and MANDERINO, JJ.
Supreme Court of Pennsylvania.
OPINION BY MR. JUSTICE ROBERTS, April 23, 1974:
Appellants are twenty-nine individuals, representing a class of like-situated individuals, who have entered into mortgages with mortgage lending institutions in the Pittsburgh area. This present class action was commenced on December 7, 1971, with a complaint filed by eighteen named plaintiffs against seven banking institutions and the Federal National Mortgage Association (FNMA). All defendants except FNMA filed a preliminary...
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