Poughkeepsie Savings Bank v. Berler

Four mortgages were owned by the plaintiff bank, each covering separate but adjoining parcels of land. An action was brought by the plaintiff to foreclose, in which there were four separate causes, each embracing one of the mortgages. The judgment of foreclosure is for $50,723.64. Plaintiff bid in each parcel for $2,000, making a total bid of $8,000. The amount bid will be applied upon the debt due to the plaintiff. No money was paid to the referee, and he will not be required to make any distribution. There is no proof that the referee was obliged to render unusual service. Indeed, most of…