Egan v. Buellesbach
Appellate Division of the Supreme Court of the State of New York
Appeal by Newman Grossman from an order of the Supreme Court, made at the New York Special Term and entered in the office of the clerk qf the county of New York on the 28th day of September, 1906, directing him as purchaser at a foreclosure sale to pay the sum of $550, the amount of the deficiency between the amount bid by him at said sale and the amount realized upon a resale of the property.
1Opinion of the Court
Ingraham, J.:
In pursuance of a judgment of foreclosure and sale, the mortgaged premises were sold at public auction on May 22, 1906, by a referee appointed in said judgment. At that sale the appellant bid for the property $13,100, and the property was sold to him for that amount. He executed a memorandum of sale as follows:
“I, Newman Grossman, have this 22nd day of May, 1906, purchased the premises described in the annexed printed advertisement of sale, for the sum of Thirteen thousand one hundred ($13,100) Dollars, and hereby promise and agree to comply with the terms and conditions of the…
2Cases cited3 opinions
- Burton v. LinnAppellate Division of the Supreme Court of the State of New York · 1897
- Anthon v. BachelorNew York Supreme Court · 1889
- Rowley v. FeldmanAppellate Division of the Supreme Court of the State of New York · 1902
3Cited by2 opinions
- In re PhilipNew York Supreme Court · 1916
- In re Atlas Cabinet Works, Inc.District Court, S.D. New York · 1931