Manufacturers Trust Co. v. Reid Holding Corp.

Appeal by defendant owner from so much of an order as determined that certain specific interest balances were to be computed at six per cent, as contended by the plaintiff in a foreclosure action, instead of five per cent, as contended by the said defendant. Order, in so far as appealed from, modified by striking from the first ordering paragraph the items for balance of interest due on June 1st, September 1st and December 1st, 1938, and March 1st, 1939, and reducing the item for balance of interest due June 1st, 1939, to $290; and by inserting a provision that all arrearages of unpaid…