Falcon B. L. Assn. v. Schwartz

The facts recited in the petition, undisputed on this motion, are that final decree was entered in the foreclosure proceeding for $11,232.73 on February 13th, 1935, pursuant to which the mortgaged premises were sold by the sheriff of Essex county on April 23d 1935, to the complainant on his nominal bid of $100. The sale was confirmed without objection on May 4th, 1935. (Chapter 88, P.L. 1935, approved March 22d 1935, was then apparently the law of this state. Upon it the defendant had a right to rely, presuming its validity.) On May 24th, 1935, complainant instituted suit at law in the Essex…