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SEVENTEENTH AND LOCUST STREETS CORP. v. MONTCALM CORPORATION

No. 4473.

54 F.2d 42 (1931)

SEVENTEENTH AND LOCUST STREETS CORPORATION v. MONTCALM CORPORATION.

Circuit Court of Appeals, Third Circuit.

November 30, 1931.

Attorney(s) appearing for the Case

John Arthur Brown and Joseph J. Brown, both of Philadelphia, Pa., for appellant.

Francis A. Lewis, Morris Duane (of Duane, Morris & Heckscher), and Frank A. Harrigan, all of Philadelphia, Pa., for appellee.

Before DAVIS, Circuit Judge, and THOMSON and WATSON, District Judges.

THOMSON, District Judge.

This bill in equity was filed by a bondholder under a second mortgage, which was secured on premises at 1701 Locust street, Philadelphia. The bill avers that the second mortgage was executed by one Emanuel Gordon, who was the immediate predecessor in title to respondent, and alleges that it is a creditor of respondent because of the covenant in the second mortgage that all future owners of the mortgaged property shall be bound by the covenants...

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