Legal Opinion

Colonial Trust Co. v. Eastern Terra Cotta Realty Corp.

Appellate Division of the Supreme Court of the State of New York

Decided May 31, 1944Published

1Opinion of the Court

Plaintiff in a foreclosure action appeals from a judgment which (a) dismissed the complaint on the merits, (b) adjudged to be invalid and void the mortgage sought to be foreclosed and the bond securing it, (e) directed delivery of the bond and mortgage to the mortgagor, (d) adjudged to be invalid -and void a promissory note made by a corporate defendant other than the mortgagor and indorsed to plaintiff, and (e) directed delivery of the note to the maker thereof, all on the grounds that the bond and mortgage and the note, to which the bond and mortgage were collateral, were made without…

2Cases cited4 opinions

  1. Mount Vernon Trust Co. v. BergoffNew York Court of Appeals · 1936
  2. Rothschild v. Manufacturers Trust Co.New York Court of Appeals · 1939
  3. President of Manhattan Co. v. CocheoAppellate Division of the Supreme Court of the State of New York · 1939
  4. County Trust Co. v. MoranAppellate Division of the Supreme Court of the State of New York · 1942

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