AUGUSTUS N. HAND, Circuit Judge.
On December 1, 1926, the above-named bankrupt entered into a building loan agreement with Manufacturers' Trust Company whereby the lender agreed to make a building loan of $2,900,000 to be evidenced by the bond of the borrower and to be secured by mortgage to the trust company for the benefit of the holders or registered owners of the certificates provided for in such mortgage. The mortgage was to be upon certain premises at the corner...
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