Mountain Ridge, C. v. M. W., C., Co.
New Jersey Court of Chancery
1Opinion of the Court
The bill is brought by complainant to foreclose two mortgages aggregating $58,000. Upon petition for that purpose a rent receiver was appointed who is now collecting the income from the property. The matter now before me for decision arises upon a motion by complainant to strike the answer filed by the defendants M. W. Holding Company, Selick J. Mindes and Morris Weinstein. The answer alleges generally that because of the world-wide financial emergency defendants are unable to presently redeem the mortgaged premises because of their inability to secure a mortgage loan or to make sale of the…
2Cases cited5 opinions
- W.D. Cashin Co. v. Alamac Hotel Co., Inc.New Jersey Court of Chancery · 1925
- Davis v. FlaggSupreme Court of New Jersey · 1882
- Fifth Ave. Bank of N.Y. v. CompsonNew Jersey Court of Chancery · 1933
- United B. L. Assn. v. NeumanNew Jersey Court of Chancery · 1933
- Security Bldg. and Loan Asso. v. GrandeNew Jersey Court of Chancery · 1928
3Cited by1 opinion
- Marneil Realty Corp. v. Twin Brook Realty Corp.New Jersey Court of Chancery · 1935