FARRELL ET AL. v. LIVINGSTON APTS., INC., ET AL.


79 Pa. D. & C. 280 (1951)

Farrell et al. v. Livingston Apartments, Inc., et al.

Common Pleas Court of Lehigh County, Pennsylvania.

October 15, 1951.


Attorney(s) appearing for the Case

D.L. LaBarre and T.E. Weaver, for plaintiffs.

Tallman & Walker and Butz, Steckel, Hudders & Rupp, for defendants.


HENNINGER, P.J., October 15, 1951.

Plaintiffs, suing for themselves and all other bondholders, are the holders of $12,000 in face value of bonds which matured on November 1, 1949, and which were part of a $194,000 issue secured by mortgage on defendant, Livingston Apartments' apartment house of which bond issue defendant, Allentown National Bank, is the trustee.

According to the bill of complaint, $4,000 in bonds have been paid off, $168,000 have by agreement...

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