Central Trust Co. v. Continental Iron Works
Supreme Court of New Jersey
On appeal from that part of the decree in the above-stated cause advised by Vice-Chancellor Van Fleet which declares that the lien claims of Bartlett, Hayward & Co., the Continental Iron Works, and August Bretthauer are encumbrances on the building and curtilage “ prior to the mortgage of the complainant, or any bond or debt, or interest secured, or intended to be secured, by said mortgage.”
1Opinion of the Court
The opinion of the court was delivered by
Van Syckel, J.
This writ is prosecuted for the foreclosure of a trust mortgage made by the Metropolitan Gas Light Company, of Elizabeth, New-Jersey, to the Central Trust Company, of New York, trustee, to secure seven hundred bonds of $500 each. The mortgage is dated July 19th, 1889, delivered the same day and recorded July 22d, 1889.
The mortgage is in the usual form of mortgages by corporations to secure the issue of bonds. It recites the resolution of the board of directors of the company, authorizing the issuing of the bonds and the execution of the…
2Cited by11 opinions
- Micele v. FaldutiNew Jersey Court of Chancery · 1927
- LINCOLN FED'L S. & L. ASS'N v. Platt Homes, Inc.New Jersey Superior Court Appellate Division · 1982
- Weinstein v. AndersonNew Jersey Court of Chancery · 1927
- Warner v. Cranford Printing, C., Co.New Jersey Court of Chancery · 1934
- Krause v. HartungNew Jersey Court of Chancery · 1931
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