Legal Opinion
Stanton v. Metropolitan Lumber Co.
New Jersey Court of Chancery
Decided December 16, 1930PublishedCited by 24 opinions
1Opinion of the Court
The receiver, in insolvency, has on hand, after deducting administration expenses, approximately $50,000, rents from real estate. The Bank of United States held a mortgage on the real estate, made by the defendant corporation, now foreclosed, upon which there remains a deficiency of $93,000 plus. It claims the rents in virtue of its mortgage and also under an assignment of the rents incorporated in the mortgage, which reads:
"[The mortgagor] agrees that if default be made, as aforesaid, the mortgagee, its successors and assigns, shall have the right forthwith, after any such default, to enter…
2Cases cited7 opinions
- Stewart v. Fairchild-Baldwin Co.Supreme Court of New Jersey · 1919
- Haughwout & Pomeroy v. MurphySupreme Court of New Jersey · 1871
- Thomson v. ErskineAppellate Terms of the Supreme Court of New York · 1901
- Leeds v. GiffordNew Jersey Court of Chancery · 1886
- Henn v. HendricksSupreme Court of New Jersey · 1929
2 more not listed; retrieve them via the Exa API.
3Cited by24 opinions
- In Re Jason Realty, L.P., Debtor. First Fidelity Bank, N.A. v. Jason Realty, L.P., Jason Realty, L.P. v. First Fidelity Bank, N.ACourt of Appeals for the First Circuit · 1995
- Wachovia Bank National Ass'n v. EnCap Golf Holdings, LLCDistrict Court, S.D. New York · 2010
- Associated Co. v. GreenhutCourt of Appeals for the Third Circuit · 1933
- Midlantic National Bank v. SourlisDistrict Court, D. New Jersey · 1992
- In Re Pine Lake Village Apartment Co.United States Bankruptcy Court, S.D. New York · 1982
19 more not listed; retrieve them via the Exa API.