Legal Opinion
Prudence Co. v. Fidelity & Deposit Co. of Maryland
District Court, S.D. New York
Decided June 6, 1934PublishedCited by 3 opinions
1Opinion of the Court
GALS TON, District Judge.
By stipulation this cause was tried by a jury of one.
On September 24, 1929, the plaintiff and the Central Park Properties, Inc., entered into a building loan agreement, by the provisions of which the Prudence Company agreed to lend the sum of $6,650,009. This loan was to be secured by a bond and mortgage as a first lien upon premises on the south side of West Fifty-Ninth street in the city of New York.
The borrower 'agreed to erect, according to the plans and specifications submitted and approved in writing by the Prudence Company, a modern forty-story and basement…
2Cases cited15 opinions
- Jacob & Youngs, Inc. v. KentNew York Court of Appeals · 1921
- Hudson v. Yonkers Fruit Co.New York Court of Appeals · 1932
- Trainor Co. v. Aetna Casualty & Surety Co.Supreme Court of the United States · 1933
- Carter v. KublerSupreme Court of the United States · 1943
- Kidd v. . McCormickNew York Court of Appeals · 1881
10 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- Prudence Co. v. Fidelity & Deposit Co. of Md.Supreme Court of the United States · 1936
- Lake View Trust & Savings Bank v. Filmore Construction Co.Appellate Court of Illinois · 1979
- In re Prudence Co.District Court, E.D. New York · 1937