Dorff v. Bornstein
Appellate Division of the Supreme Court of the State of New York
1Opinion of the CourtCarswell, J.
Defendant Hyman Bornstein, on February 2, 1926, bought from Edna Klyde a summer hotel or boarding house in Coney Island, known as Colonial Hall. He executed and delivered, as part of the consideration, a purchase-money bond and second mortgage for $36,000. The property was subject to a first mortgage of $16,000. The second mortgagee, Klyde, subordinated a new obligation for $4,000, which was added to the *478first mortgage, making that lien $20,000. The second mortgage was reduced by payments to $21,750. Plaintiff in 1933, by mesne assignments, succeeded to Klyde’s rights under the second…
2Cases cited13 opinions
- Connecticut Mutual Life Insurance v. BulteMichigan Supreme Court · 1881
- Fair v. BrownSupreme Court of Iowa · 1875
- Middletown Savings Bank v. BacharachSupreme Court of Connecticut · 1879
- Mendenhall v. HallSupreme Court of the United States · 1890
- Carpenter v. . CarpenterNew York Court of Appeals · 1892
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3Cited by1 opinion
- Floral Park Lawns, Inc. v. O'ConnellAppellate Division of the Supreme Court of the State of New York · 1937