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Title Guarantee and Trust Company v. Henning

Appellate Division of the Supreme Court of New York, Second Department
Oct 1, 1935
246 App. Div. 560 (N.Y. App. Div. 1935)

Opinion

October, 1935.


Order fixing rental value of premises under foreclosure and occupied by the owner for business purposes reversed on the law, with ten dollars costs and disbursements, and motion denied, with ten dollars costs, with leave to renew upon papers showing waste or the insecurity of the mortgage debt. The record does not disclose that there was any waste by the mortgagor or that the property is insufficient to secure the mortgage debt. There was no assignment of the rents either in the mortgage or otherwise — therefore, no ground is stated upon which the interposition of a court of equity may be invoked to obtain rentals of the property for the benefit of the mortgagee. Lazansky, P.J., Tompkins and Davis, JJ., concur; Scudder and Johnston, JJ., dissent and vote to affirm.


Summaries of

Title Guarantee and Trust Company v. Henning

Appellate Division of the Supreme Court of New York, Second Department
Oct 1, 1935
246 App. Div. 560 (N.Y. App. Div. 1935)
Case details for

Title Guarantee and Trust Company v. Henning

Case Details

Full title:TITLE GUARANTEE AND TRUST COMPANY, Plaintiff, v. HENNING, BORHECK AND…

Court:Appellate Division of the Supreme Court of New York, Second Department

Date published: Oct 1, 1935

Citations

246 App. Div. 560 (N.Y. App. Div. 1935)