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MUTUAL FACTORS v. BURCH

No. 5862.

173 F.2d 219 (1949)

MUTUAL FACTORS, Inc. et al. v. BURCH.

United States Court of Appeals Fourth Circuit.

March 7, 1949.

Attorney(s) appearing for the Case

Archibald Palmer, of New York City (Edward L. Ward, of Baltimore, Md., on the brief), for appellants.

George W. Constable and Francis B. Burch, both of Baltimore, Md. (H. Paul Rome, of Baltimore, Md., on the brief), for appellee.

Before PARKER, Chief Judge, and SOPER and DOBIE, Circuit Judges.

PER CURIAM.

The real estate sold by the trustee in bankruptcy in this case was appraised for more than twice the amount of the mortgage indebtedness, and hence the court was justified in ordering a sale free from liens. The sale was adequately advertised and properly conducted. It is true that the price obtained was much less than the appraised value, and even less than the amount of the mortgage debt, but there is nothing in the record to justify the expectation...

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