Legal Opinion
Brooklyn Trust Co. v. Fairfield Gardens, Inc.
New York Court of Appeals
Decided July 19, 1932PublishedCited by 16 opinions
1Opinion of the CourtLehman, J.
On October 4th, 1928, the defendant Fairfield Gardens, Inc., executed and delivered to the Prudence Company, Inc., its bond conditioned for the repayment of the “ just and full sum of Seven Hundred Thousand Dollars, lawful money of the United States, or so much thereof as may be advanced at any time by the holder of this bond.” The bond was secured by a mortgage upon premises in a residential section of the city of New York known as Riverdale. The plaintiff is the assignee of the bond and mortgage. Because of default in some interim payments by the mortgagor, the plaintiff has exercised an…
2Cases cited3 opinions
- York Mortgage Corp. v. Clotar Construction Corp.New York Court of Appeals · 1930
- Pennsylvania Steel Co. v. Title Guarantee & Trust Co.New York Court of Appeals · 1908
- Tripp v. BabcockMassachusetts Supreme Judicial Court · 1907
3Cited by16 opinions
- Connecticut Bank & Trust Co. v. Carriage Lane AssociatesSupreme Court of Connecticut · 1991
- National Bank v. Equity InvestorsWashington Supreme Court · 1973
- First Security Bank of Utah N.A. v. Banberry Development Corp.Utah Supreme Court · 1990
- Cambridge Acceptance Corp. v. HocksteinNew Jersey Superior Court Appellate Division · 1968
- First Connecticut Small Business Investment Co. v. Arba, Inc.Supreme Court of Connecticut · 1976
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