CERWIN v. TAUB


552 S.W.2d 675 (1977)

Lucien J. CERWIN et al., Appellants, v. Merrill TAUB et al., Appellees.

Court of Appeals of Kentucky.

April 8, 1977.


Attorney(s) appearing for the Case

S. Arnold Lynch, William H. Ballard, Lynch, Sherman, Cox & Fowler, Louisville, for appellants.

R. Lawrence Baird, Tarrant, Combs & Bullitt, Louisville, for appellees.

Before GANT, HOWERTON and WHITE, JJ.


GANT, Judge.

This is an action which wandered through various chambers of the Jefferson Circuit Court for 52 months and concerns a foreclosure action on the Mayflower, a large apartment-hotel in Louisville, in which a restaurant was operated as a separate business.

On March 13, 1972, IIT, a real estate investment trust, whose trustees are Appellees herein, filed a foreclosure action against Ormsby, Inc., the mortgagor of a $620,000.00 mortgage on the aforesaid...

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