Legal Opinion

Van Schaick v. Title Guarantee & Trust Co.

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

Decided July 8, 1937PublishedCited by 9 opinions

1Opinion of the CourtHagarty, J.

This action is brought by the Superintendent of Insurance, in his capacity as rehabilitator of the Bond and Mortgage Guarantee Company, which company shall hereinafter be referred to as the mortgage company. The defendant, to which reference will be made as the title company, was a creditor of the mortgage company on the 13th day of March, 1933, in the sum of $2,300,000. The debt was unsecured. On that day the indebtedness was reduced by payment of the sum of $50,000, and the mort*192gage company gave to the title company a demand note for the balance, $2,250,000, secured by mortgages of an…

2Cases cited14 opinions

  1. Studley v. Boylston National BankSupreme Court of the United States · 1913
  2. New York County National Bank v. MasseySupreme Court of the United States · 1904
  3. Curtis and Others v. . LeavittNew York Court of Appeals · 1857
  4. Matter of People (Tit. Mtge. Guar. Co.)New York Court of Appeals · 1934
  5. Cumberland Coal & Iron Co. v. ShermanNew York Supreme Court · 1859

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3Cited by9 opinions

  1. In Re Anjopa Paper & Board Manufacturing Co.District Court, S.D. New York · 1967
  2. Margolis v. GEM Factors Corp.Court of Appeals for the Second Circuit · 1953
  3. Newfield v. EttlingerNew York Supreme Court · 1959
  4. Sandler v. United Industrial BankAppellate Division of the Supreme Court of the State of New York · 1965
  5. Muth v. Educators Security InsuranceCalifornia Court of Appeal · 1981

4 more not listed; retrieve them via the Exa API.

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