Legal Opinion

Mountain Ridge, C. v. M. W., C., Co.

New Jersey Court of Chancery

Decided December 5, 1933PublishedCited by 1 opinion

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

  1. W.D. Cashin Co. v. Alamac Hotel Co., Inc.New Jersey Court of Chancery · 1925
  2. Davis v. FlaggSupreme Court of New Jersey · 1882
  3. Fifth Ave. Bank of N.Y. v. CompsonNew Jersey Court of Chancery · 1933
  4. United B. L. Assn. v. NeumanNew Jersey Court of Chancery · 1933
  5. Security Bldg. and Loan Asso. v. GrandeNew Jersey Court of Chancery · 1928

3Cited by1 opinion

  1. Marneil Realty Corp. v. Twin Brook Realty Corp.New Jersey Court of Chancery · 1935

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