Legal Opinion
Matter of Lawyers Mort. Co. (40 Lincoln Road)
New York Court of Appeals
Decided December 31, 1940PublishedCited by 3 opinions
1Opinion of the CourtLewis, J.
We are to determine whether a charge made by the Mortgage Commission of the State of New York, to cover the cost of “ servicing ” a certificated mortgage during the period of rehabilitation of Lawyers Mortgage Company, was a violation of an order of Special Term which approved the plan of reorganization relating to that mortgage.
Prior to 1933, Lawyers Mortgage Company had issued and sold to the public a large number of guaranteed mortgage certificates secured by participations in mortgages upon real property in the metropolitan area of New York. On August 2, 1933, the company was placed in…
2Cases cited8 opinions
- Home Building & Loan Assn. v. BlaisdellSupreme Court of the United States · 1934
- Matter of People (Tit. Mtge. Guar. Co.)New York Court of Appeals · 1934
- Matter of Carnegie Trust CompanyNew York Court of Appeals · 1912
- City of New York v. Wilson & Co.New York Court of Appeals · 1938
- Stimson v. . VromanNew York Court of Appeals · 1885
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3Cited by3 opinions
- Cooke v. BerlinCourt of Appeals of Arizona · 1987
- Matter of Lawyers Mtge. Co. (8718 Ridge Blvd.)New York Court of Appeals · 1940
- Cooke v. BerlinCourt of Appeals of Arizona · 1987