City of Mount Vernon v. Best Development Co.
New York Court of Appeals
The building and loan association in its corporate capacity was a proper and necessary party to the action. (Van Tuyl v. New York Real Estate Sec. Co., 153 App. Div. 410; 207 N. Y. 691; Yokohama Specie Bank, Ltd., v. Chinese Merchants’ Bank, 219 App. Div. 256; Matter of Bank of United States [Ostertag], 237 App. Div. 104; 262 N. Y. 463; Richardson v. Cheney, 146 App.
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The building and loan association in its corporate capacity was a proper and necessary party to the action. (Van Tuyl v. New York Real Estate Sec. Co., 153 App. Div. 410; 207 N. Y. 691; Yokohama Specie Bank, Ltd., v. Chinese Merchants’ Bank, 219 App. Div. 256; Matter of Bank of United States [Ostertag], 237 App. Div. 104; 262 N. Y. 463; Richardson v. Cheney, 146 App. Div. 686; Lafayette Trust Co. v. Beggs, 213 N. Y. 280; Isaac v. Marcus, 258 N. Y. 257; Broderick v. Aaron, 243 App. Div. 411.) Appellant is entitled to be relieved of his bid where a reasonable doubt exists as to the…
1DissentFinch, J.
The city of Mount Vernon brought an action to foreclose a tax lien for unpaid real property taxes. At the sale the appellant, Edward F. Hallahan, bid in the property for $4,630 and paid to the referee ten per cent of the bid as a deposit. He retained a title company to examine the title and issue insurance thereon. The company’s report showed several exceptions and questions in reference to the validity of the foreclosure proceedings, and as a result Hallahan rejected the deed tendered to him, on the ground that the title was not marketable.
Two and a half years having elapsed, during which…
2Cases cited13 opinions
- Hawkins v. GlennSupreme Court of the United States · 1889
- Fleming v. . BurnhamNew York Court of Appeals · 1885
- Vought v. . WilliamsNew York Court of Appeals · 1890
- Isaac v. MarcusNew York Court of Appeals · 1932
- Shriver v. . ShriverNew York Court of Appeals · 1881
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