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PENN MUTUAL LIFE INS. CO. v. FINKEL

428 Pa. 11 (1967)

Penn Mutual Life Insurance Company v. Finkel (et al., Appellant).

Supreme Court of Pennsylvania.

November 14, 1967.

Attorney(s) appearing for the Case

Edward Stone, with him A. Samuel Buchman, for appellant.

Gerald Gornish, with him M. Melvin Shralow, and Goodis, Greenfield, Narin & Mann, for appellant.

Joseph R. Ritchie, Jr., Assistant United States Attorney, with him Drew J.T. O'Keefe, United States Attorney, for United States of America, appellant.

Morris C. Solomon, with him Solomon, Tolson & Resnick, for appellee.

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

OPINION BY MR. JUSTICE EAGEN, November 14, 1967:

This case involves three appeals from an order of the Court of Common Pleas of Philadelphia County allocating the proceeds of a sale in a mortgage foreclosure action. The foreclosure was instituted by the Penn Mutual Life Insurance Company, holder of a mortgage given by Louis Finkel, record owner of the property. In dispute is the allocation of that portion of the proceeds of sale in excess of the mortgage debt, foreclosure...

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