Prudence Co. v. Fidelity & Deposit Co. of Maryland
Court of Appeals for the Second Circuit
1Opinion of the Court
MANTON, Circuit Judge.
The judgment appealed from was entered upon a directed verdict after a trial by a jury of one, pursuant to a stipulation of the parties. The action is upon a surety bond guaranteeing to appellee, holder of a first mortgage lien, the completion of the apartment hotel, Essex House, in New York City. Central Park Properties, Inc., the mortgagor, was the principal on the bond given by the appellants.
Central Park Properties Inc., had contracted for a building loan with the appellee, of $6,650,000; the building to be erected as provided by certain plans and specifications.…
2Cases cited19 opinions
- Beatty v. . Guggenheim Exploration Co.New York Court of Appeals · 1919
- Northern Assurance Co. v. Grand View Building Assn.Supreme Court of the United States · 1902
- O'Brien v. . YoungNew York Court of Appeals · 1884
- Smith v. . MollesonNew York Court of Appeals · 1896
- Brewster v. WakefieldSupreme Court of the United States · 1860
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3Cited by6 opinions
- In Re Prudence Co.Court of Appeals for the Second Circuit · 1938
- New Amsterdam Casualty Co. v. BettesCourt of Appeals of Texas · 1966
- Hammond Ford, Inc. v. Ford Motor Co.District Court, S.D. New York · 1962
- Fournigault v. Independence One Mortgage Corp.District Court, N.D. Illinois · 2007
- In re Prudence Co.District Court, E.D. New York · 1937
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