In re Locust Bldg. Co.
District Court, E.D. New York
In Bankruptcy. In the matter of the Locust Building Company, Incorporated, Bankrupt. On motion to vacate stay of proceeding for foreclosure of a third mortgage.
1Opinion of the Court
CHATFIELD, District Judge.
Motion to vacate stay against proceeding to decree of foreclosure of third mortgage. The trustee is in possession of the property covered by three mortgages. Foreclosure of the third mortgage has been brought since the election of the trustee, and the trustee has answered, raising the issue of validity, as well as amount claimed, although it appears from the present record that there will be no real dispute as to the amount of money claimed to be due. The first and second mortgages have not been foreclosed. It is apparent from the record on this application that the…
2Cases cited6 opinions
- Wabash Railroad v. Adelbert College of Western Reserve UniversitySupreme Court of the United States · 1908
- In Re Watts and SachsSupreme Court of the United States · 1903
- Murphy v. John Hofman Co.Supreme Court of the United States · 1909
- In re Diamond's EstateCourt of Appeals for the Sixth Circuit · 1919
- Union Electric Co. v. HubbardCourt of Appeals for the Fourth Circuit · 1917
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3Cited by4 opinions
- Isaacs v. Hobbs Tie & Timber Co.Supreme Court of the United States · 1931
- Ex Parte BaldwinSupreme Court of the United States · 1934
- Hise v. Superior CourtCalifornia Supreme Court · 1943
- Agros Corp. v. United StatesDistrict Court, S.D. New York · 1922