Fisher v. Title Guarantee & Trust Co.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the CourtCallahan, J.
Plaintiff’s testatrix was the owner of two guaranteed mortgage certificates for $6,000 each, issued by defendant. These certificates represent an entire mortgage on a house and lot in the Bronx.
The certificates were guaranteed by the Bond and Mortgage Guarantee Company (hereinafter referred to as “ Guarantee Company ”). They state that the bond and mortgage, together with the policy of Guarantee Company guaranteeing to the holders of certificates payment of principal and interest, are held by the defendant as depositary and agent for the holders of such certificates. They recite that the…
2Cases cited2 opinions
- Laverty v. . SnethenNew York Court of Appeals · 1877
- Strebler v. Title Guarantee and Trust CompanyNew York Court of Appeals · 1938
3Cited by4 opinions
- Doris Filner v. Samuel Shapiro and Southwestern Alloys CorporationCourt of Appeals for the Second Circuit · 1980
- President and Directors of Manhattan Co. v. KelbyCourt of Appeals for the Second Circuit · 1945
- Veeco Instruments, Inc. v. CandidoNew York Supreme Court · 1972
- Fisher v. Title Guarantee & Trust Co.New York Court of Appeals · 1942