Legal Opinion

King v. Franmor Equity Corp.

Appellate Division of the Supreme Court of the State of New York

Decided June 19, 1940PublishedCited by 4 opinions

1Opinion of the CourtCohn, J.

Monarch Lodge No. 45, Improved Benevolent and Protective Order of Elks of the World, was the owner of a plot of land on West One Hundred and Thirty-eighth street, New York city. To carry out a building operation, it organized Monarch Lodge Apartments, Inc., and transferred its property to this new corporation. On the westerly end of the land Monarch Lodge *305Apartments, Inc., constructed an apartment house. After completion that portion of the property thus improved was incumbered by three mortgages. The second mortgage was a trust mortgage against which bonds were sold in various denominations…

2Cases cited6 opinions

  1. Tax Lien Co. v. . SchultzeNew York Court of Appeals · 1914
  2. Benton v. Safe Deposit BankNew York Court of Appeals · 1931
  3. Jasper v. . RozinskiNew York Court of Appeals · 1920
  4. Field v. ChronikAppellate Division of the Supreme Court of the State of New York · 1920
  5. Roarty v. . McDermottNew York Court of Appeals · 1895

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3Cited by4 opinions

  1. Rikoon v. Two Boro Dress, Inc.New York Supreme Court · 1957
  2. Conklin v. JablonskiNew York Supreme Court · 1971
  3. Groseclose v. Merchants National Bank & Trust Co.New York Supreme Court · 1972
  4. 1414 Utica Avenue Lender LLC v. Empire State Certified Development CorporationDistrict Court, E.D. New York · 2021

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