Fidelity Union Trust Co. v. Gottlieb

This suit is before the court for final hearing on the counter-claim of Harry and Isidore Krieger, the answer thereto joinder of issue and proofs. The facts are clear.

On January 26th, 1926, the counter-claimants executed to Fidelity Union Title and Mortgage Guaranty Company a bond for $54,000, payable in installments of $1,000 on the first day of every August and February, until February 1st, 1929, and the balance that day. Payment of the bond was secured by mortgage on premises in Newark. In April, 1926, the Kriegers conveyed the land, subject to the mortgage, to Samuel Mandelowitz and Harry…