AUGUSTUS N. HAND, Circuit Judge.
On June 2, 1926, C. F. S. Realty Corporation and Franklin Boulevard Corporation executed and delivered a bond to Prudence Company in the sum of $250,000 and C. F. S. Realty Corporation also executed and delivered a mortgage covering premises in the Town of Long Beach which, with the improvements thereafter placed thereon, became known as Hotel Franklin. The mortgage recited that it was made pursuant to a certain building loan agreement...
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