Bowery Savings Bank v. Water Front Service Corp.
This text of 240 A.D. 843 (Bowery Savings Bank v. Water Front Service Corp.) is published on Counsel Stack Legal Research, covering Appellate Division of the Supreme Court of the State of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
Order reversed on the law and the facts, with ten dollars costs and disbursements, and the motion to fix rent payable by the owner denied, with ten dollars costs. It appears that the mortgaged property in question had been leased by the owner to a tenant who is in possession thereof, and that said lease was made more than two years prior to the appointment of the receiver. The rentals arising on the lease had been assigned to the plaintiff mortgagee. The record discloses no authority for the court at Special Term to fix a sum for reasonable use and occupation to be paid by the owner. (Prudence Co. v. 160 W. 73rd St. Corp., 260 N. Y. 205; Holmes v. Gravenhorst, 238 App. Div. 313.) Lazansky, P. J., Young, Scudder, Tompkins and Davis, JJ., concur.
Free access — add to your briefcase to read the full text and ask questions with AI
Related
Cite This Page — Counsel Stack
240 A.D. 843, Counsel Stack Legal Research, https://law.counselstack.com/opinion/bowery-savings-bank-v-water-front-service-corp-nyappdiv-1933.