Myers v. Grey
New York Supreme Court
Action by Florence M. Myers, administratrix, against James A. Grey, Jr., and others. Judgment for plaintiff.
1Opinion of the CourtCrane, J.
It is conceded that Philip V. Myers bought this property at foreclosure sale for the benefit of the mortgagor, Sallie Malone Grey.
The property was being sold under a foreclosure of the first mortgage, and the owner, Mrs. Grey, being unable to buy it in, her husband, James A. Grey, Sr., applied to his long-time friend and business associate, Philip V. Myers, deceased, to bid at the sale, advance the purchase price, take title in his own name, and hold the property until the money could be repaid to him. Mr. Myers did as requested, bidding more than sufficient to cover the mortgage and expenses…
2Cases cited7 opinions
- Wood v. . RabeNew York Court of Appeals · 1884
- Ryan v. . DoxNew York Court of Appeals · 1866
- O.P.R.R. Co. v. . ForrestNew York Court of Appeals · 1891
- Lathrop v. HoytNew York Supreme Court · 1849
- Canda v. TottenNew York Supreme Court · 1895
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3Cited by3 opinions
- Guinn v. Sumpter Valley Railway Co.Oregon Supreme Court · 1912
- Meyer v. BardeOregon Supreme Court · 1924
- Life Savers' Club, Inc. v. MosherNew York Supreme Court · 1925