Legal Opinion

Buffalo Loan, Trust & Safe Deposit Co. v. Depew Manufacturing Co.

New York County Courts

Decided March 15, 1910Published

Action to foreclose trust mortgage.

1Opinion of the Court

Taylor, J,

The plaintiff is foreclosing a trust mortgage executed by the defendant Depew Manufacturing Company to secure an issue of corporate bonds aggregating $100,000. Said company is a Maine corporation with its principal office at Portland, Maine. It has never had an office in the village of Depew, and none of its officers or directors have resided in that village. Issue is joined' here by the village of Depew, defendant, which claims that it has levied and assessed taxes against the property involved for the years 1899 to 1909 inclusive, and that it has sold said premises for such taxes…

2Cases cited6 opinions

  1. People Ex Rel. Buffalo Burial Park Ass'n v. StilwellNew York Court of Appeals · 1907
  2. Lockwood v. . GehlertNew York Court of Appeals · 1891
  3. Hilton v. . BenderNew York Court of Appeals · 1877
  4. People Ex Rel. Champlin v. . GrayNew York Court of Appeals · 1906
  5. Collins v. . Long Island CityNew York Court of Appeals · 1892

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