Legal Opinion
Adelman v. Franklin Washington Trust Co.
New Jersey Court of Chancery
Decided October 5, 1945No. Docket 129/252PublishedCited by 3 opinions
1Opinion of the Court
The question is whether complainant has been relieved of liability on a mortgage bond made by her jointly with her husband, Harry Adelman, and his father and mother, Samuel and Sarah Adelman. The bond and mortgage are dated November 2d 1929, and purport to secure $15,000 payable in one month. The obligee, Percival G. Cruden, acted solely as agent of the Hudson County National Bank, of which he was counsel. Samuel and Harry Adelman were partners doing business under the name of S.M. Adelman Son. The bond and mortgage were given as collateral security for a partnership note for $13,000 held by…
2Cases cited4 opinions
- Burack v. MayersNew Jersey Court of Chancery · 1936
- Burack v. MayersSupreme Court of New Jersey · 1937
- Ocean County National Bank v. StillwellNew Jersey Superior Court Appellate Division · 1938
- Firemen's Insurance v. WilkinsonSupreme Court of New Jersey · 1882
3Cited by3 opinions
- First New Jersey Bank v. FLM Bus. MacHines, Inc.New Jersey Superior Court Appellate Division · 1974
- Housatonic Bank v. FlemingNew Jersey Superior Court Appellate Division · 1989
- Parnes v. CELIA'S, INC.New Jersey Superior Court Appellate Division · 1968