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UNITED STATES v. WAYLYN CORPORATION

Civ. Nos. 8637-8767, 8768, 8805.

130 F.Supp. 783 (1955)

UNITED STATES of America, Plaintiff, v. WAYLYN CORPORATION, Defendant. UNITED STATES of America, Plaintiff, v. GARDEN CORPORATION, Defendant. UNITED STATES of America, Plaintiff, v. PIEDMONT CORPORATION, Defendant. UNITED STATES of America, Plaintiff, v. OKLAHOMA CORPORATION, Defendant. UNITED STATES of America, Plaintiff, v. HILL CORPORATION, Defendant. UNITED STATES of America, Plaintiff, v. PONCE DARLINGTON, Inc., and Otis Elevator Company, Defendants. UNITED STATES of America, Plaintiff, v. RIO PIEDRAS DARLINGTON, Inc. and Otis Elevator Company, Defendants. UNITED STATES of America, Plaintiff, v. MAYAGUEZ DARLINGTON, Inc. and Otis Elevator Company, Defendants.

United States District Court D. Puerto Rico, San Juan Division.

May 3, 1955.

Attorney(s) appearing for the Case

Ruben Rodriguez Antongiorgi, U. S. Atty., San Juan, Puerto Rico, for plaintiff.

William G. Grant, B. F. Sanchez and Garrard Harris, San Juan, Puerto Rico, for defendants.

RUIZ-NAZARIO, District Judge.

These are actions by the United States of America to recover on mortgage notes, given by the respective defendants to the Manufacturer's Trust Co. The loans secured by the mortgages were insured by the Federal Housing Administration pursuant to the provisions of the National Housing Act, 12 U.S.C.A. § 1702 et seq. Upon the default of the mortgagors, the mortgagee's assignee, International Securities Corporation, assigned the notes...

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