Stone v. United States Title Guaranty & Indemnity Co.
Appellate Division of the Supreme Court of the State of New York
Appeal by the defendant, United States Title Guaranty and Indemnity Company, from a judgment of the Supreme Court in favor of the plaintiff, entered in the office of the clerk of the county of New York on the 20th day of January, 1913, upon the verdict of a jury, and also from an order entered in said clerk’s office on the same day denying defendant’s motion for a new trial made upon the minutes.
1Opinion of the Court
Scott, J.:
This is an action to recover damages for the breach of an alleged contract by defendant to sell to plaintiff a subordinate interest in a bond and mortgage. In December, 1909, one Isaac Polansky, owner of premises in Hester street, in the city of New York, desired to obtain a loan of $75,000 upon his bond, to be secured by a mortgage upon his real property. He employed for that purpose a broker named Kronsky, who arranged with the defendant and the New York Life Insurance Company that the latter company should take a senior interest in such a mortgage, to the extent of $62,500,…
2Cases cited3 opinions
- Risley v. . Phenix Bank of City of New YorkNew York Court of Appeals · 1881
- Glentworth v. LutherNew York Supreme Court · 1855
- Alt v. DoscherAppellate Division of the Supreme Court of the State of New York · 1905
3Cited by8 opinions
- Friedman v. New York Telephone Co.New York Court of Appeals · 1931
- Habib v. CaputoCity of New York Municipal Court · 1938
- Stoller v. Block Realty Co.Appellate Terms of the Supreme Court of New York · 1928
- Malday Realty Co. v. Security Trust Co.New York Supreme Court · 1937
- Teitz v. GoettlerAppellate Division of the Supreme Court of the State of New York · 1920
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