Legal Opinion
Silver v. Park-Lex Holding Corp.
Appellate Division of the Supreme Court of the State of New York
Decided December 2, 1927PublishedCited by 5 opinions
1Opinion of the CourtO’Malley, J.
The action is to foreclose under a deed of trust (hereinafter referred to as a mortgage) executed and delivered by the defendant Park-Lex Holding Corporation to the defendant Garfield L. Miller, as trustee, to secure a certain bond issue. Some of the bonds which matured January 1, 1927, were owned and held by the plaintiff.
The defendant Park-Lex Holding Corporation (hereinafter designated Park-Lex) was the owner of unimproved real property, subject to mortgages held by other defendants, particularly the defendant Com. These mortgages were subordinated to the trust mortgage and at the time of…
2Cases cited7 opinions
- Wadsworth v. . LyonNew York Court of Appeals · 1883
- Lisman v. Michigan Peninsular Car Co.Appellate Division of the Supreme Court of the State of New York · 1900
- Schenectady Savings Bank v. AshtonAppellate Division of the Supreme Court of the State of New York · 1923
- Sciaballa v. Illinois Surety Co.Appellate Division of the Supreme Court of the State of New York · 1915
- Cincinnati Gas & Electric Co. v. New York Trust Co.Appellate Division of the Supreme Court of the State of New York · 1926
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3Cited by5 opinions
- Fidelity & Columbia Trust Co. v. SchmidtCourt of Appeals of Kentucky (pre-1976) · 1932
- Nacional Financiera, S. A. v. SpeyerAppellate Division of the Supreme Court of the State of New York · 1941
- Andrews v. Missouri State Life Ins.Court of Appeals for the Fifth Circuit · 1932
- La Salle Hotel Realty Co. v. TaftCourt of Appeals for the Seventh Circuit · 1936
- Benjamin Franklin Holding Co. v. CliseWashington Supreme Court · 1933