Firstenberg v. Bills

In an action to recover moneys allegedly due under a mortgage note claimed to have been given as collateral security for a loan made to a corporation, payment of which was guaranteed by the defendants who executed a mortgage on their home, the plaintiff appeals from the following two orders of the Supreme Court, Kings County: (1) An order, dated November 28, 1962, which granted the defendants’ motion to open their default in answering the complaint, with leave to defendants to serve and file their answer (which pleaded a defense of usury); directed that the default judgment stand as security…