Legal Opinion
Juran v. Title Guarantee & Trust Co.
New York Supreme Court
Decided May 11, 1934PublishedCited by 1 opinion
1Opinion of the CourtHofstadter, J.
The complaint alleges that the defendant issued participation certificates in a $50,000 mortgage executed by the Tinney Estates, Inc., to the defendant as security for the payment of a bonded indebtedness in like amount; that the obligor under the bond has defaulted in the payment of interest; that the payment of the participation certificates is guaranteed by the Bond and Mortgage Guarantee Company which has defaulted on its guaranty and has been taken over for rehabilitation by the Superintendent of Insurance; that a sum of $3,500 has been paid by the obligor under the bond and mortgage, no…
2Cases cited5 opinions
- Thomas v. Musical Mutual Protective UnionNew York Court of Appeals · 1890
- Brass v. . RathboneNew York Court of Appeals · 1897
- In re the People of New YorkNew York Supreme Court · 1933
- Ehrich v. GrantAppellate Division of the Supreme Court of the State of New York · 1906
- Leader-Observer, Inc. v. State Alcoholic Beverage Control BoardNew York Supreme Court · 1933
3Cited by1 opinion
- Brenner v. Title Guarantee & Trust Co.New York Supreme Court · 1936