Legal Opinion
Ebling Co. v. Trinity Estates, Inc.
New York Court of Appeals
Decided January 15, 1935PublishedCited by 4 opinions
1Opinion of the CourtHubbs, J.
The appellant was the holder of a mortgage on an apartment house occupied by numerous tenants. The owner and mortgagor was Trinity Estates, Inc., the defendant corporation, of which the respondent, Charles Axelrod, was president and principal stockholder. The mortgage contained the usual clause providing for the appointment of a receiver.
In October, 1932, certain interest and taxes were due and unpaid. To prevent foreclosure of the mortgage, the respondent agreed personally to pay the taxes and interest up to January 1, 1933. He defaulted in paying taxes. Thereafter, in an interview with Mr.…
2Cases cited3 opinions
- Prudence Co. v. 160 West Seventy-Third Street Corp.New York Court of Appeals · 1932
- New York Life Insurance v. Fulton Development Corp.New York Court of Appeals · 1934
- In re BaltesAppellate Division of the Supreme Court of the State of New York · 1900
3Cited by4 opinions
- Ganbaum v. Rockwood Realty Corp.New York Supreme Court · 1970
- 570 Kosciusko Realty Corp. v. Kingdale Estates, Inc.Appellate Division of the Supreme Court of the State of New York · 1939
- Chase Manhattan Bank v. Brown & East Ridge PartnersAppellate Division of the Supreme Court of the State of New York · 1998
- City Bank Farmers Trust Co. v. Dayfield Realty Corp.Appellate Division of the Supreme Court of the State of New York · 1945