Broadway Realty Co. v. Lawyers Title Insurance & Trust
Appellate Division of the Supreme Court of the State of New York
Appeal by the defendant, Lawyers Title Insurance and Trust Company, from a judgment of the Supreme Court in favor of the respondents, entered in the office of the clerk of the county of New York on the 5th day of June, 1915, upon the verdict of a jury rendered by direction of the court, and also from an order entered in said clerk’s office on the éth day of June, 1915, denying appellant’s motion for a new trial made upon the minutes.
1Opinion of the Court
Smith, J.:
This action was brought to recover upon a policy of title insurance issued by the appellant. On July 25, 1896, plaintiff purchased of one Richmond certain premises fronting on Bowling Green, between Broadway and Greenwich street, giving a mortgage to a trust company to secure bonds issued. By this mortgage plaintiff was required to insure the title and on December 16, 1896, procured the policy in suit. This policy seems to have been the usual title insurance policy wherein the appellant agreed upon consideration -to keep harmless and indemnify the plaintiff and its assignees “…
2Cases cited3 opinions
- Griffiths v. . MorrisonNew York Court of Appeals · 1887
- Trenton Potteries Co. v. Title Guarantee & Trust Co.New York Court of Appeals · 1903
- Empire Development Co. v. Title Guarantee & Trust Co.Appellate Division of the Supreme Court of the State of New York · 1916
3Cited by3 opinions
- McMinn v. DamurjianNew Jersey Superior Court Appellate Division · 1969
- Marandino v. Lawyers Title InsuranceSupreme Court of Virginia · 1931
- Gillies v. Preferred Accident InsuranceNew York Supreme Court · 1920