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In re the Rehabilitation of Bond & Mortgage Guarantee Co.

262 A.D. 857 Court N.Y. App. Div. Decision date 1941-06-09 Docket Appeal No. 3 English

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p. 857
In the Matter of the Rehabilitation of Bond and Mortgage Guarantee Company. In the Matter of a Plan of Readjustment, etc., of the Rights of the Holders of Investments in a Certain Mortgage Covering Premises Known as the Salisbury Golf Courses, Whaleneek Road, East Meadow, Nassau County, Long Island, New York, Guaranteed by Bond and Mortgage Guarantee Company and Designated as Guarantee No. 171,038. Paragon Land Corp., Morris Walzer, Louis Weinstock and Harold J. Weinstock, Appellants; Joseph P. Day, Frederick R. Crane and Bradley Delehanty, Trustees, etc., Respondents.
(Appeal No. 3.)

■ Order denying appellants’ motion to vacate and set aside an order to show cause dated May 23, 1940, why the purchaser at a final sale should not be compelled to complete its purchase and to require the individual appellants, as the real parties in interest, to furnish the consideration necessary to consummate the contract of sale, affirmed, with ten dollars costs and disbursements. No opinion. Lazansky, P. J., Carswell, Johnston, Taylor and Close, JJ., concur.