Herold v. Cohrone Boat Co.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the CourtCarswell, J.
Is plaintiff’s real property mortgage, with an after-acquired personal property clause therein, a superior hen to that of a subsequent chattel mortgage covering some of the personal property contained in the real property? It has been held to be superior, and defendant Hirsch, who owns the chattel mortgage, appeals.
*319The controlling facts are that plaintiff became the owner, on July 9, 1930, of a first mortgage for $8,000 on certain real property in Queens county used by the mortgagor, Marine Warehouse, Inc., and upon which parcel were several buildings containing machinery for the repair and…
2Cases cited5 opinions
- Interstate Ice & Power Corp. v. United States Fire InsuranceNew York Court of Appeals · 1926
- Shelton Holding Corp. v. 150 East Forty-Eighth Street Corp.New York Court of Appeals · 1934
- Central Chandelier Co. v. Irving Trust Co.New York Court of Appeals · 1932
- President & Directors of the Manhattan Co. v. Ellda Corp.Appellate Division of the Supreme Court of the State of New York · 1935
- President and Directors of the Manhattan Co. v. NewberryNew York Court of Appeals · 1934
3Cited by4 opinions
- Blancob Construction Corp. v. 246 Beaumont Equity, Inc.Appellate Division of the Supreme Court of the State of New York · 1965
- Grant v. Atlantic Assets, Inc.City of New York Municipal Court · 1937
- Manufacturers Trust Co. v. Peck-Schwartz Realty Corp.Appellate Division of the Supreme Court of the State of New York · 1937
- Newfield v. East River Sav. BankCourt of Appeals for the Second Circuit · 1938