Legal Opinion

Capital Circle, No. 11 v. Schmitt

New Jersey Court of Chancery

Decided November 9, 1914PublishedCited by 7 opinions

1Opinion of the Court

Backes, V. C.

This is a bill to. foreclose a mortgage. The mortgage was not recorded until nearly three years after its execution. In the meantime, a judgment was recorded against the mortgagor, and the mortgaged property levied upon and sold. The bill charges that the purchaser at the sheriffs sale had notice of the unrecorded mortgage. The proofs are that the judgment creditor had no notice, nor is there an averment in the bill that he liad. Unrecorded mortgages are void and of no effect against a subsequent judgment creditor not having notice thereof. Comp. Stat. p. 3414 § 22. In order that…

2Cited by7 opinions

  1. Morris v. GlaserNew Jersey Court of Chancery · 1930
  2. Rutherford Nat. Bank v. H.R. Bogle Co.New Jersey Court of Chancery · 1933
  3. Potter v. WatkinsNew Jersey Court of Chancery · 1928
  4. State, Com'r of Transportation v. ShumanNew Jersey Superior Court Appellate Division · 1977
  5. Fire Guard Sprinkler Corp. v. ManolioNew Jersey Superior Court Appellate Division · 1979

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