Farmers National Bank of Malone v. Tulloch

Appeal from (1) an order of the Supreme Court, entered August 8, 1974 in Franklin County, which confirmed the referee’s report of sale and directed the entry of a deficiency judgment against defendants and (2) the deficiency judgment entered thereon. Following the entry of a judgment of foreclosure of a mortgage on certain premises owned by the defendants John W. Tulloch and Maryann P. Tulloch, on which they operated a gasoline service station, the referee sold the premises to the highest bidder on August 26, 1974 for the sum of $17,500. The referee’s report concluded that the deficiency due…