Legal Opinion
Schumann v. Fidelity Union Trust Co.
New Jersey Court of Chancery
Decided November 5, 1939PublishedCited by 4 opinions
1Opinion of the Court
The complainants seek to restrain the defendant trustee from proceeding with an action at law to recover a deficiency arising in mortgage foreclosure proceedings.
The Domestic Investment Company, a corporation of this state (hereafter called the Investment Company), the owner of premises known as No. 169-173 Manhattan avenue, Jersey City, with Hyman Temkin and Joseph Hawkin, on March 24th, 1925, executed a joint and several bond in the penal sum of $150,000, conditioned to pay the principal sum of $75,000 on April 1st, 1928, with interest thereon, to the Fidelity Union Title and Mortgage…
2Cases cited20 opinions
- Reeves v. CordesNew Jersey Court of Chancery · 1931
- Meyer v. BlackerNew Jersey Court of Chancery · 1936
- Gorenberg v. HuntSupreme Court of New Jersey · 1931
- Chodosh v. SchlesingerSupreme Court of New Jersey · 1938
- Downs v. Jersey Central Power, C., Co.New Jersey Court of Chancery · 1934
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3Cited by4 opinions
- Fid. Union Trust v. Prudent Invest.New Jersey Court of Chancery · 1941
- Bell v. Merchants B. L. Assn.New Jersey Court of Chancery · 1942
- Oriental B. L. v. Nutley AvondaleNew Jersey Court of Chancery · 1941
- Fidelity Union Trust Co. v. SchubertNew Jersey Court of Chancery · 1941