In re Morrison

This is an application by petitioners, mortgagees, for an order directing the mortgagor of the mortgaged premises *654to account to them for any surplus over interest, taxes and carrying charges derived from the rents during the calendar year ending December 31, 1942, and for other relief, as authorized by section 1077-c of the Civil Practice Act, as amended. This controversy arises because petitioners, availing themselves of the 1942 amendment to section 1077-c (L. 1942, ch. 790), demand the accounting for the full calendar year 1942, in spite of the fact that they maintained and concluded…