Hendry v. Title Guarantee & Trust Co.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the CourtTJntermyer, J.
The facts are undisputed.
On August 2, 1923, the defendant loaned to John Boccadero the sum of $35,000 on a bond and mortgage on premises at Jamaica, N. Y., to become due January 1, 1927. On December 31, 1923, a guaranty of the bond and mortgage was issued by the Bond and Mortgage Guarantee Company and thereafter participation certificates were sold by the defendant, some of which were acquired by the plaintiffs or the plaintiffs’ predecessors in interest. When the bond and mortgage fell due on January 1, 1927, it was extended for three years.
On November 2, 1927, the city of New York acquired…
2Cases cited5 opinions
- Utter v. . RichmondNew York Court of Appeals · 1889
- Hanna v. Florence Iron Co. of WisconsinNew York Court of Appeals · 1918
- Jones v. Title Guarantee & Trust Co.New York Court of Appeals · 1938
- Weil v. President & Directors of the Manhattan Co.New York Court of Appeals · 1937
- Schaffer v. Vandewater & Co.Appellate Division of the Supreme Court of the State of New York · 1914
3Cited by16 opinions
- York v. Guaranty Trust Co. of New YorkCourt of Appeals for the Second Circuit · 1944
- Phelan v. Middle States Oil CorporationCourt of Appeals for the Second Circuit · 1946
- Elias v. ClarkeCourt of Appeals for the Second Circuit · 1944
- President and Directors of Manhattan Co. v. KelbyCourt of Appeals for the Second Circuit · 1945
- Manufacturers Trust Co. v. KelbyCourt of Appeals for the Second Circuit · 1942
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