Legal Opinion
In re Lawyers Mortgage Co.
New York Supreme Court
Decided January 8, 1936PublishedCited by 11 opinions
1Opinion of the CourtFrankenthaler, J.
This is a Schackno Act proceeding for the reorganization of the rights of holders of certificates in a mortgage on the premises at 545 West End avenue, borough of Manhattan, New York city, which were issued and guaranteed by the Lawyers Mortgage Company. The principal amount of the mortgage is $890,000, of which $875,900.38 is held by ninety-eight certificate holders. The property has been foreclosed.
The proposed plan provides for the selection of a trustee who shall take over the property and any other collateral for this issue of certificates and manage the same for the benefit of all of…
2Cases cited3 opinions
- In re PeopleNew York Supreme Court · 1934
- In re the New York Title & Mortgage Co.New York Supreme Court · 1935
- Fullerton v. . Nat'l B. T. Ins. Co.New York Court of Appeals · 1885
3Cited by11 opinions
- Matter of Title Mortgage Guaranty Co.New York Court of Appeals · 1937
- Title Guarantee & Trust Co. v. Mortgage CommissionNew York Court of Appeals · 1937
- Ferris v. Prudence Realization Corp.New York Court of Appeals · 1944
- In re PeopleAppellate Division of the Supreme Court of the State of New York · 1938
- In re the Liquidation of Lawyers Title & Guaranty Co.New York Supreme Court · 1937
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