Hoffman v. Froma Realty Co.
Appellate Division of the Supreme Court of the State of New York
Appeal by the defendants, The Froma Realty Company and another, from a judgment of the Supreme Court in favor of the plaintiff, entered in the office of the clerk of the county of New York on the 22d day of April, 1912, upon the decision of the court, rendered after a trial at the New York Special Term, directing the foreclosure of a mortgage and a sale of the premises described in the complaint.
1Opinion of the Court
Scott, J.:
The essential facts are stated as follows by the learned trial justice: “The Froma Realty Company owned the premises in question, subject to certain mortgages aggregating $13,000, and entered into a building loan agreement with said Hayman whereby Hayman agreed to advance in installments as the building progressed the sum of $1-0,000, $13,000 of which was to be applied to the payment and discharge Of the mortgages theretofore a lien upon said premises. The Froma Realty Company executed and delivered an undated and unacknowledged building loan mortgage in accordance with the said…
2Cases cited3 opinions
- Smith v. . KiddNew York Court of Appeals · 1877
- Doubleday v. . KressNew York Court of Appeals · 1872
- Crane v. . GruenewaldNew York Court of Appeals · 1890
3Cited by1 opinion
- Guarracino v. LaganaAppellate Division of the Supreme Court of the State of New York · 1931