Highway Holding Co. v. Yara Engineering Corp.

The opinion of the court was delivered by

Oliphant, J.

This is an appeal from a summary judgment of the Superior Court, Law Division, entered on order of the court awarding the return of a deposit of $1,000 made on a contract for the purchase of certain lands, together with search fees in the sum of $150. In entering judgment the trial court held, inter alia,, that the title was unmarketable. The appeal was certified here bn our own motion.

On application leave was granted to 13 title insurance companies to intervene in this appeal as amici curiae.

The facts in the case are stipulated. On June…