Case Name: Fidelity-Philadelphia Trust Company v. North Philadelphia Trust Company et al., Appellants
Court: Supreme Court of Pennsylvania
Jurisdiction: Pennsylvania
Decision Date: 1938-01-03
Citations: 328 Pa. 306
Docket Number: Appeal, No. 271
Parties: Fidelity-Philadelphia Trust Company v. North Philadelphia Trust Company et al., Appellants.
Judges: Before Schaffer, Maxey, Drew, Linn, Stern and Barnes, JJ.
Reporter: Pennsylvania State Reports
Volume: 328
Pages: 306–307

Head Matter:
Fidelity-Philadelphia Trust Company v. North Philadelphia Trust Company et al., Appellants.
Argued December 8,1937.
Before Schaffer, Maxey, Drew, Linn, Stern and Barnes, JJ.
Samuel Knox White, of Peck & White, with him John Kline Young, for appellants.
P. Nicholson Wood and Shields, Clark, Brown & MeCown, for appellee, were not heard.
January 3, 1938:

Opinion:
Opinion by
Mr. Justice Stern,
Defendants took a rule to set aside a sheriff's sale in foreclosure proceedings because of gross inadequacy of the price realized. Their petition was filed more than two years after delivery of the sheriff's deed, during which time plaintiff mortgagee, who became the purchaser of the property at the sale, had demolished the building on the premises and built a new structure thereon at a substantial cost. It is obvious that under such circumstances defendants' application for relief came much too late, and their rule was properly discharged by the court below: Knox v. Noggle, 328 Pa. 302.
Order affirmed.