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BRUNN v. WICHSER

No. 5464.

75 F.2d 25 (1934)

BRUNN et al. v. WICHSER et al.

Circuit Court of Appeals, Third Circuit.

December 19, 1934.

Attorney(s) appearing for the Case

John B. Nicklas, Jr., and McCrady, McClure, Nicklas & Hirschfield, all of Pittsburgh, Pa., for appellants.

Walter P. Rainbow, of Pittsburgh, Pa., for appellee Wichser.

Wm. H. Markus, of Pittsburgh, Pa., for appellee Concord Premium Building & Loan Ass'n.

Before BUFFINGTON, WOOLLEY, and THOMPSON, Circuit Judges.

WOOLLEY, Circuit Judge.

Partners, trading as Ingomar Lumber Company and engaged, among other things, in the business of erecting and selling houses in land development operations, hold many second mortgages covering properties against which other persons hold first mortgages. Being in trouble in consequence of non-payment of rent by tenants, defaults in payment of interest and installments of principal by mortgagors and an accumulation of unpaid taxes and therefore...

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