sale of Parkway inn / Gabbie and ernie Carletti

sale of Parkway inn / Gabbie and ernie Carletti
 - Judge Bars Sale of Inn MEDIA COURTHOUSE — Ern...
Judge Bars Sale of Inn MEDIA COURTHOUSE — Ern est ancf G a b r i e 1 Carletti hav been legally blocked from sellin. the fire-destroyed Parkway In at 2221-29 W. 9th St., Cheste Township, to anyone until th September term of civil court. The injunction' was -sought" b Louis G. Lambert,' a baker of 354 West Chester Pike, N e w t o w Square, and his partner, Loui Vandetty. who had an agree ment of sale for $40,000 with th Carlettis dated Feb. 11, just month before the fire. In tha fire Nicholas Barone, 21, of 72 E. 8lh St., Chester, died seekin his- wife; Beverly, who liv« above the taproom. Lambert's attorney, Vram N durian Jr., told 1 the court th there were two agreements sale Involved. One between hi clients and the Carlettis for th real estate and a second-betwee the Linwood. Rennaisance CIu and the Carlettis for the equip ment. Settlement on the latte was contingent on State Liquo Control Board approval of a liquo license transfer from 1010 Flow er St., to the Parkway premise By reference, the agreement c the real estate depended on tl equipment sale. Melvin Levy, attorney for th Carlettis, contended that since th license transfer application ha been cancelled, it nullified bot agreements and left his clien free to se!l the pooperty els where. This they apparently did. but purchaser learned legal iNedunan informed the court that the Linwood club had assign- ed its rights to Lambert and Van- detty and as such they could when the new purchaser learned of impending withdrew. wavie the provision of the agreement which cancelled it if the license were not transferred. Judge William R. Toal then ordered an injunction -which prevents the Carlettis from selling or encumbering the property before the merits of the case are determined in the fail equity court. Lambert and Vandetty were required to post §5,000 in an escrow account for the purchase of the equipment and post a $5,000 bond on the real estate purchase. The Carletlis were required to place a-bill of sale for the equipment in escrow also.

Clipped from
  1. Delaware County Daily Times,
  2. 11 Jun 1960, Sat,
  3. Page 24

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