W. I. M. Corp. v. Cipulo
Appellate Division of the Supreme Court of the State of New York
1Opinion of the CourtMerrell, J.
The action was to foreclose a second mortgage held by the plaintiff upon the above-described premises. There is unpaid upon the mortgage sought to be foreclosed herein the sum of $1,160,000. The mortgage under foreclosure is subject to a prior mortgage upon which there is unpaid the sum of $2,700,000. There is an amortization fund in connection with the mortgage under foreclosure of $125,000. The real property is assessed at $3,600,000. It is not claimed by the plaintiff, respondent, that the premises are inadequate security for the amount unpaid on the bond and mortgage held by the…
2Cases cited7 opinions
- Jarmulowsky v. RosenbloomAppellate Division of the Supreme Court of the State of New York · 1908
- Eidlitz v. LancasterAppellate Division of the Supreme Court of the State of New York · 1899
- Finch v. FlanaganAppellate Division of the Supreme Court of the State of New York · 1924
- Thomas v. DavisAppellate Division of the Supreme Court of the State of New York · 1904
- New York Building Loan Banking Co. v. BeglyAppellate Division of the Supreme Court of the State of New York · 1902
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3Cited by8 opinions
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- City of New York v. DarlingtonNew York Supreme Court · 1941
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