Al-Dit Realty Co. v. Hefferon

The mortgaged premises, the subject of the foreclosure, were sold by the referee on September 13, 1928, title to pass October 17, 1928. There were two parcels on each of which was a prior first mortgage. The receiver of rents and profits under the authority of the order appointing him had paid prior installments of interest on each of these mortgages, one of which had fallen due April 30, 1928, and the other on July 15, 1928.

On October seventeenth, when title passed, there was accrued interest on both in the amount of $702.13. Through inadvertence, it is claimed the purchaser was not given…