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LANGAN v. DEGILLIO

411 Pa. 279 (1963)

Langan v. Degillio, Appellant.

Supreme Court of Pennsylvania.

June 4, 1963.

Attorney(s) appearing for the Case

Nicholas R. Degillio, for appellants.

J. Earl Langan, for appellee.

Before BELL, C.J., MUSMANNO, JONES, COHEN, EAGEN, O'BRIEN and ROBERTS, JJ.

OPINION BY MR. CHIEF JUSTICE BELL, June 4, 1963:

On July 24, 1956, Nicholas R. Degillio and Victoria O. Degillio, his wife, the appellants, executed and delivered to the First National Bank of Wilkes-Barre, their bond and warrant in the penal sum of $50,000 to secure the payment of a mortgage in the amount of $25,000 secured on their improved premises in Wilkes-Barre. The First National Bank of Wilkes-Barre and the Second National Bank of Wilkes-Barre thereafter merged...

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