Opinion
March 19, 1915.
Ralph Polk Buell, for the appellants.
George W. Hubbell, for the respondent.
These appeals are taken by Fanne Curtis Hoadley, Joseph H. Hoadley and Ralph P. Buell, from orders as resettled January 17, 1914, and February 18, 1914, directing them, together with Alfred H. Hoadley, to complete the purchase of the premises No. 18 East Eighty-second street, New York city, heretofore sold in foreclosure and bid in by Alfred H. Hoadley, the terms of sale having been signed in his name by his attorney in fact, and ten per cent of the amount bid having been paid at the time of such signing. There have been six prior sales of the property in question under the judgment of foreclosure and sale herein, and the successive bidders, after paying the ten per cent deposit at the time the terms of sale were signed, failed to complete the purchase, whereupon a resale was each time ordered by the court. The plaintiff moved that not only Alfred H. Hoadley, on whose behalf the terms of sale were signed, but also the appellants herein, should be directed to pay the balance of the amount bid, on the theory that the successive bids were a part of a scheme to delay the plaintiff in the collection of its debt, and that Fanne Curtis Hoadley, in whose name the property had four times been bid in, and Ralph P. Buell, who as attorney in fact had three times signed the terms of sale for the purchaser, as well as Joseph H. Hoadley, who had directed that these bids be made, should all be held liable for the completion of the purchase. It does not appear that the plaintiff before this last sale had taken any steps to compel the completion of the purchase by any of the bidders, and some sixty per cent of the amount of its mortgage debt had been paid in by reason of these various deposits before the last sale occurred. That sum has been directed to be paid over to the plaintiff on account of its debts. It appears that there is such a person as Alfred H. Hoadley, and there is an affidavit that he is a man of property and substance. He has not appealed from the orders in question, and there is nothing to show that he will not comply with the direction of the court that he complete the purchase. He has not repudiated the act of his attorney in fact in bidding in the said property for him, nor in any way disavowed the transaction. If the purchaser should fail to complete his purchase, and the plaintiff sustains any damage by reason thereof, and is able to show that there was a conspiracy to interfere with judicial process and render the various sales ineffective, it has a remedy which is not affected by the denial of its present motion.
The orders appealed from will, therefore, be modified by striking out the provisions that the three appellants pay in the amount bid at the last sale, less the deposit, and complete the purchase of said property, and the motion as to them denied, thus leaving Alfred H. Hoadley alone directed to complete the purchase. In view of the course of proceedings of the appellants, however, such modification will be without costs.
CLARKE, LAUGHLIN, SCOTT and HOTCHKISS, JJ., concurred.
Orders modified as directed in opinion, and as modified affirmed, without costs. Orders to be settled on notice.