Levin v. McClaskey

Citations

• 252 Pa. 520
• 97 A. 682
• 1916 Pa. LEXIS 653

Syllabus

<p>Equity — Receivers—Levy on property in receiver’s hands — Setting aside levy.</p> <p>A corporation owning a factory, on which there was a mortgage, was placed in the hands of a receiver. In the factory building, and attached to the real estate were certain machinery and equipment which had been purchased by a third person for the corporation and turned over by him to the company with knowledge that the plant was covered by a mortgage and that the machinery and equipment were to be affixed to the real estate. A judgment creditor of such third person levied upon such machinery and equipment as the property of the party who had purchased it for the corporation. Upon petition of the receiver, the levy was set aside. Held, no error.</p>