Legal Opinion

A. J. Richey Corp. v. Garvey

Supreme Court of Florida

Decided May 21, 1938PublishedCited by 20 opinions

1Opinion of the CourtTerrell, J.

Prior to December, 1934, bonds were issuéd and secured by first mortgage on a thirty-unit apartment house located at Miami Beach, known as Covington Arms Apartments. The mortgage was foreclosed and the bondholders purchased the property which by reason of bankruptcy proceedings was held as an asset for sale in the United States District Court in New York City.

A. J. Richey was interested in the purchase, and with $2,500.00 placed in his hands by Mrs. Lelia P. Kotman, a widow, secured an option on the property; agreeing to sell ninety-nine-year leases on the individual apartments under the…

2Cases cited5 opinions

  1. Twyman v. RoellSupreme Court of Florida · 1936
  2. Wade v. ClowerSupreme Court of Florida · 1927
  3. Maguire v. KieselSupreme Court of Connecticut · 1913
  4. Atlantic Coast Realty Co. v. TownsendSupreme Court of Virginia · 1919
  5. Thompson v. MillerSupreme Court of Alabama · 1920

3Cited by20 opinions

  1. Lipsig v. RamlawiDistrict Court of Appeal of Florida · 2000
  2. 68th St. Apts., Inc. v. LauricellaNew Jersey Superior Court Appellate Division · 1976
  3. Hiestand v. GeierDistrict Court of Appeal of Florida · 1981
  4. Fineberg v. KlineDistrict Court of Appeal of Florida · 1988
  5. Miller v. Colonial Baking Co. of AlabamaDistrict Court of Appeal of Florida · 1981

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