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GALE REALTY CORPORATION v. BOWLES

No. 75.

139 F.2d 496 (1943)

GALE REALTY CORPORATION v. BOWLES, Price Adm'r.

United States Emergency Court of Appeals.

Decided December 16, 1943.

Attorney(s) appearing for the Case

Aaron Heller, of Passaic, N. J., for complainant.

Sol M. Linowitz, Chief, Court Review Rent Branch, of Washington, D. C. (George J. Burke, General Counsel, Nathaniel L. Nathanson, Associate General Counsel, and Morton Meyers, Maurice Alexandre, and Nancy Fraenkel Wechsler, all of Washington, D. C., on the brief), for respondent.

Before MARIS, Chief Judge, and MAGRUDER and LAWS, Judges.

Heard at Philadelphia October 27, 1943.

MARIS, Chief Judge.

The complainant is the owner of two four-story brick apartment houses in Hackensack, New Jersey, each having 38 residential apartments. The properties were acquired by the complainant from the Citizens Trust Company, trustee for bondholders, on April 28, 1942. When acquired they were in a rather dilapidated condition. The total gross monthly rental for the 76 apartments on March 1, 1942 was $3,123...

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