Legal Opinion
Cohn v. Reich
Appellate Terms of the Supreme Court of New York
Decided March 15, 1919PublishedCited by 2 opinions
Appeal from a judgment of the Municipal Court of the city of New York, borough of Manhattan, seventh district, in favor of the plaintiffs, and from an order denying defendant’s motion to set aside the verdict and for a new trial.
1Opinion of the CourtLehman, J.
The plaintiffs are real estate brokers who were engaged prior to March 15, 1918, in efforts to procure for the defendant a loan of $57,000 on premises which the defendant had purchased. They had some negotiations with the Lincoln Trust Company *506and on March fifteenth they procured from that company a letter addressed to themselves which reads as follows:
“ We hereby agree to make a first mortgage loan for the amount of $57,000 for a period of 3 years with interest at 5%%, the said mortgage loan to be secured by property Nos. 658 and 660 West 160th Street, as shown upon your diagram and with the…
2Cited by2 opinions
- House v. HornburgAppellate Division of the Supreme Court of the State of New York · 1944
- Brocher v. OlcottCity of New York Municipal Court · 1927