Legal Opinion
Copp v. Sands Point Marina, Inc.
New York Court of Appeals
Decided May 5, 1966PublishedCited by 43 opinions
1Opinion of the CourtScileppi, J.
In November, 1958 the defendant corporation executed a note secured by a purchase-money mortgage for $103,500, with interest thereon at 5%. The principal was due five years from the date of execution, and the interest was payable semiannually. The plaintiffs bring this action on the note to recover $5,175, representing two unpaid interest payments, each $2,587.50. The first payment was due on November 21, 1962, the second on May 21, 1963.
The defendant admits the making of the note and the nonpayment of the interest. In defense, it urges that, since, after a condemnation proceeding, title…
2Cases cited5 opinions
- Dudley v. Congregation of the Third Order of St. FrancisNew York Court of Appeals · 1893
- Claim of Wilbur v. Estate of WarrenNew York Court of Appeals · 1887
- Muldoon v. Mid-Bronx Holding Corp.New York Court of Appeals · 1942
- Seamen's Bank for Savings v. SmadbeckNew York Court of Appeals · 1944
- County of Westchester v. P & M Materials Corp.New York Supreme Court · 1962
3Cited by43 opinions
- Westnau Land Corp. v. U.S. Small Business Administration, as an Agency of the United States of AmericaCourt of Appeals for the Second Circuit · 1993
- Wyoming County Bank & Trust Co. v. KileyAppellate Division of the Supreme Court of the State of New York · 1980
- United States v. WhitneyDistrict Court, W.D. New York · 1985
- Trust v. BaruaAppellate Division of the Supreme Court of the State of New York · 2020
- Contemporary Mortgage Bankers, Inc. v. High Peaks Base Camp, Inc.District Court, N.D. New York · 1993
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