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WASHINGTON LOAN & TRUST CO. v. BLAIR

No. 6259.

75 F.2d 671 (1935)

WASHINGTON LOAN & TRUST CO. v. BLAIR.

United States Court of Appeals for the District of Columbia.

Decided January 28, 1935.

Attorney(s) appearing for the Case

Arthur Peter and George P. Hoover, both of Washington, D. C., for appellant.

W. W. Ross and R. S. Doyle, both of Washington, D. C., for appellee.

Before MARTIN, Chief Justice, and ROBB, VAN ORSDEL, HITZ, and GRONER, Associate Justices.

GRONER, Associate Justice.

In 1926 Hilltop Manor Company, a corporation, executed a deed of trust on certain real estate in Washington City to G. Bryan Pitts, trustee, to secure the payment, principal and interest, of an issue of bonds in the aggregate sum of $1,400,000. At the time the bonds were issued and sold, the building on the mortgaged property was not finished, and F. H. Smith Company, a brokerage house in Washington which had acquired and sold the bonds...

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