Legal Opinion
Schumann v. Fidelity Union Trust Co.
Supreme Court of New Jersey
Decided April 25, 1940PublishedCited by 7 opinions
1Opinion of the Court
The opinion of the court was delivered by
Case, J.
The appeal is from a Chancery decree dismissing the bill of complaint. The bill sought to restrain the defendant trustee from proceeding with an action at law to recover a deficiency which arose from mortgage foreclosure proceedings.
A real estate mortgage in the amount of $75,000 was given on March 24th, 1925, by the corporate owner to the Fidelity Union Title and Mortgage Guaranty Company. There were subsequent changes in the corporate entity of the mortgagee which do not enter into the controversy and which we shall disregard. The bond was…
2Cited by7 opinions
- Harold Vineberg and Peter Demet v. Brunswick CorporationCourt of Appeals for the Fifth Circuit · 1968
- Preziosi v. BuonaccorsiNew Jersey Superior Court Appellate Division · 1951
- United States Rubber Co. v. Champs Tires, Inc.New Jersey Superior Court Appellate Division · 1962
- Fid. Union Trust v. Prudent Invest.New Jersey Court of Chancery · 1941
- Ganger v. MoffettNew Jersey Superior Court Appellate Division · 1951
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