Hyde Park Terrace Co. v. Jackson Bros. Realty Co.
Appellate Division of the Supreme Court of the State of New York
Appeal "by the defendants, Jackson Brothers Realty Company and others, from a judgment of the Supreme Court in favor of the plaintiff, entered in the office of the clerk of the county of Nassau on the 4th day of March, 1913, upon the decision of the court after a trial at the Nassau Special Term.
1Per curiam
In the year 1907 persons subscribed an agreement “with each and all the others to purchase such fractional interests ” in land on Long Island, N. Y., “ as are indicated opposite our names respectively and do agree to pay therefor at the rate of $2,900 per acre $404,900 upon the following terms: ” cash August 1, 1907, $62,500; upon taking title $62,500, balance on mortgages. The total subscriptions by seventeen persons were $125,000, of which only $48,000 was paid in by twelve persons and delivered to Jackson Brothers Realty Company. In October, 1907, a corporation was formed under the laws of…
2Cases cited4 opinions
- Payne v. . BurnhamNew York Court of Appeals · 1875
- Midwood Park Co. v. BakerNew York Supreme Court · 1910
- Midwood Park Co. v. BakerAppellate Division of the Supreme Court of the State of New York · 1911
- Midwood Park Company v. . BakerNew York Court of Appeals · 1913
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