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IN RE MAYFAIR CONSTRUCTION CO.

No. B-125-58.

170 F.Supp. 657 (1959)

Matter of MAYFAIR CONSTRUCTION CO., Inc., Bankrupt.

United States District Court D. New Jersey.

March 2, 1959.

Attorney(s) appearing for the Case

John D. Morrisson, Wyckoff, N. J., for petitioners.

David A. Gelber, Hackensack, N. J., Irving J. Rosenberg, Newark, N. J., for mortgagees.

George L. Garrison, Paterson, N. J., for trustee.

MORRILL, District Judge.

This petition for review involves priority among liens.

The petitioners severally entered into contracts with the bankrupt-developer for the purchase of homes to be constructed by the bankrupt on land owned by it. None of these contracts was recorded, principally because of a provision in each contract that it should not be recorded.

Claiming equitable liens against all of the assets of the bankrupt estate, the petitioners...

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