South Amboy Trust Co. v. McMichael Holdings, Inc.

My conclusions relative to the principal issues of this cause were expressed in an unreported memorandum filed on February 28th, 1947.

The subject-matters of present consideration are the exceptions addressed by the defendant Reid to the report of the special master dated October 6th, 1947.

The first and third exceptions may well be considered simultaneously. Error is assigned to the action of the master in failing to credit, against the amount found to be due under complainant's mortgage, the proceeds, of various sales of the mortgaged lots, aggregating $4,000, plus interest calculated to July…