Legal Opinion
Matter of Bond Mortgage Guarantee Co.
New York Court of Appeals
Decided June 4, 1942PublishedCited by 9 opinions
1Opinion of the Court
Lehman, Ch. J.
The owner of property at East Meadow, Nassau county, Long Island, executed and delivered to Title Guarantee and Trust Company a mortgage for the principal amount of $600,000. Certificates of participation were issued by Title Guarantee and Trust Company and sold to investors. These certificates were guaranteed by Bond and Mortgage Guarantee Company. Defaults occurred in payment of interest and the Mortgage Commission of the State of New York, pursuant to the provisions of chapter 745 of the Laws of 1933, as thereafter amended (commonly known as the Schackno Act), and chapter 19…
2Cases cited2 opinions
- Matter of People (Tit. Mtge. Guar. Co.)New York Court of Appeals · 1934
- Executors of Brasher v. CortlandtNew York Court of Chancery · 1817
3Cited by9 opinions
- Fisser v. International BankCourt of Appeals for the Second Circuit · 1960
- Johnson v. SmithNew York Court of Appeals · 1948
- Matthews v. EslingerCourt of Appeals of Tennessee · 1955
- TR. OF CLIENTS'SEC. FUND v. YuchtNew Jersey Superior Court Appellate Division · 1989
- Carl Fisser and Martha Fisser, Co-Partners Doing Business Under the Firm Name and Style of Fisser & v. Doornum, Libelants-Appellants v. International BankCourt of Appeals for the Second Circuit · 1960
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