Valz v. Sheepshead Bay Bungalow Corp.

The action is to set aside and declare null and void a judgment and sale of real property in foreclosure upon the ground that the plaintiffs, who are the sole heirs at law of the mortgagor, had not been served with the summons in the action. The mortgage was for $25,000 upon property in the borough of Brooklyn owned by Antonio M. Valz, a resident of the State of Virginia, and which, upon foreclosure sale on January 31, 1918, brought but $10,000, the deficiency judgment being above $15,000. The property has since been frequently transferred and improved so that it is said to be now worth…