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· 5/7/1894

Merchants Nat. Bank v. Mosser

Citations

  • 161 Pa. 469
  • 29 A. 1
  • 1894 Pa. LEXIS 718

Syllabus

<p>Judgment — Agreement to continue lien — Sheriff's sale.</p> <p>Where a judgment has been paid in full, the parties may lawfully agree that it shall not be satisfied of record, but shall remain as collateral for a new loan made or to be made. Judgment creditors whose liens accrue subsequently to the agreement cannot object to it.</p>

Judges: Dean, Fell, Green, Mitchell, Sterrett

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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.