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ARTISTI-KOTE CO. v. BENEFACTOR BUILDING & LOAN ASS'N

No. 4929.

64 F.2d 407 (1933)

ARTISTI-KOTE CO. v. BENEFACTOR BUILDING & LOAN ASS'N.

Circuit Court of Appeals, Third Circuit.

March 21, 1933.

Attorney(s) appearing for the Case

George E. Beechwood, of Philadelphia, Pa., for appellant.

L. Halpern Miller, of Philadelphia, Pa., for appellee.

Before BUFFINGTON, WOOLLEY, and DAVIS, Circuit Judges.

WOOLLEY, Circuit Judge.

In July, 1927, Robert H. Scroggins, a citizen of Pennsylvania, executed and delivered to the Benefactor Building and Loan Association, a corporation of Pennsylvania, his bond for $110,000, and also his mortgage for the same amount, secured upon an apartment house situated in Pennsylvania, subject to a prior mortgage for $225,000. Simultaneously with the delivery of the bond and mortgage Scroggins subscribed for and assigned to the loan association...

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