Fletcher v. Manhattan Life Insurance

Page, J.:

The action is brought by the plaintiffs as successors to the firm of Fletcher, McCutchen & Brown. For brevity the latter will be referred to in this opinion as plaintiffs. The defendant held a mortgage on an apartment house situated on the corner of One Hundred and Twenty-sixth street and Fifth avenue, to secure the payment of $210,000, in which the plaintiffs had a junior participating interest of $37,000. An action was brought to foreclose this mortgage, in which the defendant herein was the plaintiff, and the plaintiffs herein impleaded with others were defendants. A judgment of…