New Jersey Franklinite Co. v. Ames
Supreme Court of New Jersey
This cause coming on to he hoard, a motion was made to join, as defendants to the suit, certain new parties. The grounds of the application appear in the opinion be-low.
1Opinion of the Court
*508The opinion of the Court on this motion was delivered by
G-eeen, O. J.
The respondent filed his bill in equity for the foreclosure of a mortgage given by the New Jersey Franklinite Company to the complainant below. After the execution of the mortgage to Ames, the company executed a second mortgage to certain persons, as trustees, to secure the payment of bonds thereafter to be issued by the corporation. The trustees are parties defendants in the suit. A decree was made in the Court of Chancery, in favor of the complainant, for the foreclosure of the mortgage and sale of the mortgaged premises.…
2Cited by2 opinions
- Schuster v. Ventnor Gardens, Inc.New Jersey Court of Chancery · 1928
- Heward v. HydeNew Jersey Superior Court Appellate Division · 1949