SHASKAN v. WALTHAM INDUSTRIES CORPORATION


168 Conn. 43 (1975)

GEORGE L. SHASKAN v. WALTHAM INDUSTRIES CORPORATION ET AL.

Supreme Court of Connecticut.

Decision released February 25, 1975.


Attorney(s) appearing for the Case

Samuel V. Schoonmaker III, with whom was Paul E. Knag, for the defendant Chase Manhattan Bank.

Gerald M. Fox, Jr., with whom was Frank H. D'Andrea, Jr., and with whom, on the brief, were Joseph Richichi and William Selsberg, for the defendants Chemical Bank New York Trust Company, Franklin National Bank, and New England Merchants National Bank of Boston.

SHAPIRO, LOISELLE, MACDONALD, BOGDANSKI and LONGO, JS.


SHAPIRO, J.

This is a foreclosure action brought by the holder of the first mortgage against various named defendants. After foreclosure by sale, and payment of the first mortgage and expenses of sale, the balance of the proceeds was held for distribution by the court below pending determination of priorities by this court.

The record discloses some pertinent facts and the parties stipulated as to certain other facts. The facts may be summarized as follows...

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