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Corn Exch. Bank Tr. Co. v. Island Park-Long Beach

Appellate Division of the Supreme Court of New York, Second Department
Jun 25, 1937
251 App. Div. 857 (N.Y. App. Div. 1937)

Opinion

June 25, 1937.


Order of the County Court of Nassau county, dated October 27, 1936, denying plaintiff's motion to confirm the report of the referee, etc., and denying leave to enter a deficiency judgment, reversed on the law and the facts, with costs, and the motion granted, with ten dollars costs, to the extent of allowing a deficiency judgment to be entered in the sum of $14,650. The findings of fact incorporated in the order are reversed. New findings will be made. This court finds the market value at the time in question to be $857,473.94; thereby producing a deficiency of $85,000, against which there is an offset of $70,350 by way of collateral security; leaving a net deficiency of $14,650. Lazansky, P.J., Carswell, Adel, Taylor and Close, JJ., concur. Settle order on notice.


Summaries of

Corn Exch. Bank Tr. Co. v. Island Park-Long Beach

Appellate Division of the Supreme Court of New York, Second Department
Jun 25, 1937
251 App. Div. 857 (N.Y. App. Div. 1937)
Case details for

Corn Exch. Bank Tr. Co. v. Island Park-Long Beach

Case Details

Full title:CORN EXCHANGE BANK TRUST COMPANY, Appellant, v. ISLAND PARK-LONG BEACH…

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

Date published: Jun 25, 1937

Citations

251 App. Div. 857 (N.Y. App. Div. 1937)