Summary
In Williams-Dexter Co. v. Dowland Realty Corp. (supra), the action was one to foreclose a mortgage on real estate. A discount had been made by the lender who received a bond and mortgage in the amount of $33,333 for a loan of $25,000.
Summary of this case from Amherst Factors v. KochenburgerOpinion
Submitted April 29, 1932
Decided May 13, 1932
Appeal from the Supreme Court, Appellate Division, First Department.
Bernhard Steinman and Henry A. Uterhart for appellant.
Almet R. Latson, Jr., and William T. Condon for respondent.
Order affirmed, with costs. First, second, third and fourth questions certified answered in the negative; fifth question answered in the affirmative. No opinion.
Concur: POUND, Ch. J., CRANE, LEHMAN, KELLOGG, O'BRIEN, HUBBS and CROUCH, JJ.