Legal Opinion

City Hall Building & Loan Ass'n v. Florence Realty Co.

New Jersey Court of Chancery

Decided February 5, 1932PublishedCited by 7 opinions

1Opinion of the Court

Berry, V. C.

The hill is to foreclose a mortgage dated November 10th, 1930, and recorded November 26th, 1930, given to secure a construction loan. The only answering defendant is the Hillside Supply Company, a mechanics’ lien claimant. On November 24th, 1930, this defendant, in conjunction with •other such claimants, signed an agreement postponing its lien to the lien of complainant’s mortgage and thereby authorized the complainant "to pay the said sum of $22,000, se■cured by mortgage, either in whole or in installments, direct to the said owner of the said building, in any way, manner •or…

2Cases cited1 opinion

  1. Shutte v. ThompsonSupreme Court of the United States · 1873

3Cited by7 opinions

  1. Charles Simkin & Sons, Inc., a Corporation of the State of New Jersey, in 13,423 v. Frederick Massiah, in 13,422, and City of TrentonCourt of Appeals for the Third Circuit · 1961
  2. EVCCO Leasing Corp. v. Ace Trucking Co.Court of Appeals for the Third Circuit · 1987
  3. Soricelli v. BOARD OF REVIEW, & C.New Jersey Superior Court Appellate Division · 1957
  4. General Motors Acceptance Corp. v. CahillNew Jersey Superior Court Appellate Division · 2005
  5. In Re Evcco Leasing Corp.Court of Appeals for the Third Circuit · 1987

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