Legal Opinion

Guarantee & Trust Co. v. Mortgage Commission

New York Court of Appeals

Decided July 8, 1936PublishedCited by 14 opinions

1Per curiam

The Title Guarantee and Trust Company and the Mortgage Commission of the State of New York submitted the following controversy to the Appellate Division in the first judicial department, pursuant to sections 546-548 of the Civil Practice Act.

The plaintiff, the Title Company, issued and sold certificates representing undivided shares in first mortgages, of which mortgages it was the sole owner. Each of the mortgages was guaranteed by the Bond and Mortgage Company (now in rehabilitation) under a blanket policy of guaranty, which guaranteed payments of principal and interest to the Title Company…

2Cases cited2 opinions

  1. New York Telephone Co. v. Siegel-Cooper Co.New York Court of Appeals · 1911
  2. Marx v. . BroganNew York Court of Appeals · 1907

3Cited by14 opinions

  1. Estado Libre Asociado v. AguayoSupreme Court of Puerto Rico · 1958
  2. Manhattan Storage & Warehouse Co. v. Movers & Warehousemen's Ass'n of Greater New York, Inc.New York Court of Appeals · 1942
  3. Feist v. Fifth Avenue BankNew York Court of Appeals · 1939
  4. Town of Pelham v. City of Mount VernonNew York Court of Appeals · 1952
  5. Backus v. MacLauryAppellate Division of the Supreme Court of the State of New York · 1951

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