Legal Opinion
In re Prudence Co.
District Court, E.D. New York
Decided June 16, 1936No. Nos. 27496, 27028PublishedCited by 1 opinion
1Opinion of the Court
MOSCOWITZ, District Judge.
Realty Associates Securities Corporation, as the owner of a junior interest in the consolidated bond and first mortgage on the Chesterfield Hotel, prays for an order directing the trustees of the Prudence Co., Inc., debtor, -to turn over the sum of $43,-942.50 collected by the said trustees under an assignment of rents, to be applied by the petitioner to pay the past due and unpaid interest on petitioner’s share of the mortgage. The trustees oppose the motion on the ground that, as agent for the senior participant, they are bound by the terms of the ownership…
2Cases cited17 opinions
- Home Building & Loan Assn. v. BlaisdellSupreme Court of the United States · 1934
- Klinke v. SamuelsNew York Court of Appeals · 1934
- New York Life Insurance v. Fulton Development Corp.New York Court of Appeals · 1934
- Harris v. TaylorAppellate Division of the Supreme Court of the State of New York · 1898
- Kress v. Central Trust Co.Appellate Division of the Supreme Court of the State of New York · 1935
12 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- In re Rochester Pad & Wrapper Co.District Court, W.D. New York · 1937