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Rosenkrantz v. Salvo Realty Corp.

65 Misc. 2d 467 Court Supreme Court, Special Term, Nassau County, Decision date 1971-01-21 English

Delivered by Mabio Pittoni, J.

Contents

Majority

p. 467
Melvin Rosenkrantz, Plaintiff, v. Salvo Realty Corp. et al, Defendants.
Supreme Court, Special Term, Nassau County,
January 21, 1971.
Joseph D. Stim for Salvo Realty Corp. and another, defendants. Kanter, Blodnick <& Haber for plaintiff. Garfunkel & Hyde for Roosevelt Savings Bank of the City of New York, defendant. Leonard Maneusi for Bonwit Teller, defendant.

Motion by defendants Salvo Realty Corp. and Midas Collections, Inc., to dismiss the complaint, is granted.

p. 468
Section 489 of the Judiciary Law does not make illegal an assignment of a mortgage which has already been foreclpsed by the original holder of the mortgage; nor does it make illegal an assignment of the judgment; nor does it make illegal an assignment of a mortgage and its note then in foreclosure to a corporation intending to continue the foreclosure.

Statutes and regulations cited