Gross v. Gorsch

124 A.D. 834, 109 N.Y.S. 234, 1908 N.Y. App. Div. LEXIS 2206

This text of 124 A.D. 834 (Gross v. Gorsch) 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.

Bluebook
Gross v. Gorsch, 124 A.D. 834, 109 N.Y.S. 234, 1908 N.Y. App. Div. LEXIS 2206 (N.Y. Ct. App. 1908).

Opinions

Laughlin, J.:

Plaintiff alleges that on the 4th day of March,x1907, a decree of foreclosure was duly entered in an action for the foreclosure of - a mortgage for $37,500, bearing date the 27th day of June, 1905, on premises on One Hundred and Twenty-eighth street owned by him; [835]*835that thereafter and in or about the month of April, 1907, the defendant became the owner of the bond given to secure said mortgage and of the mortgage ; that the defendant was the owner of certain premises described in the complaint, situate in the village of Ryack, in the county of Rockland, R. Y.; that on or about the 1st day of June, 1907, the plaintiff and defendant entered into an agreement by which plaintiff promised to convey to the defendant the said mortgaged premises and the defendant agreed to convey to the plaintiff, in exchange therefor, his said premises in the village of Ryack “ and to take back a bond and mortgage upon the same in the sum of” $8,000; that on or about the 3d or 4th day of June, 1907, the plaintiff duly tendered performance of this agreement on his part, but that the defendant refused to perform, and thereupon another agreement was made between the parties by which it was understood that no conveyance of the mortgaged premises should be given by the plaintiff to the defendant, but that defendant should be permitted to bid in the premises on the foreclosure sale without competition in bidding “at as small a sum as possible,” and that “if the plaintiff or his assigns would further execute a bond and mortgage in the sum of $8,000 to the defendant upon said premises at Ryack, he, the said defendant, would convey the said premises at Ryack to the plaintiff as agreed between them .originally; ” that the plaintiff duly consented and agreed to this' modification of the contract and promised to and did refrain from bidding at the sale and promised that he would execute or procure the execution of a bond and mortgage for the sum of $8,000 to the defendant on the premises in Ryack “as agreed originally;” that defendant was the only bidder at the foreclosure sale and purchased the premises for the sum of $48,737.14, just sufficient to cover the mortgage indebtedness and expenses of sale, leaving no surplus, but that the premises were at the time worth the sum of $55,000, or the sum of $7,000 over and above all liens and incumbrances; that the referee executed and delivered to defendant a deed of the premises.; that thereafter plaintiff “ duly offered and tendered to execute and deliver” a bond and. mortgage for $8,000 as agreed and demanded that defendant convey to him the premises at Ryack, “ but that defendant wrongfully and fraudulently refused and still refuses to execute such a conveyance, or to accept the bond and mortgage.” [836]*836Judgment is demanded in the alternative, first, that it be adjudged and decreed that plaintiff has an interest in the premises so purchased by the defendant at the foreclosure sale to the extent of $7,000 and that it be decreed that defendant .holds the same in trust for the benefit of the plaintiff to the extent of said sum and that the premises be sold for the payment' thereof, or that defendant be decreed to specifically perform his agreement to convey, to plaintiff the premises at Nyack. The-demurrer is taken upon the ground that the part of the amended answer designated “ a second separate and distinct defense” is insufficient in law upon the face thereof as a defense to the amended complaint. That part of the •answer to which the demurrer is interposed alleges that the contract which the plaintiff seeks tp enforce rested in parol, and pleads the Statute of Frauds

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Bluebook (online)
124 A.D. 834, 109 N.Y.S. 234, 1908 N.Y. App. Div. LEXIS 2206, Counsel Stack Legal Research, https://law.counselstack.com/opinion/gross-v-gorsch-nyappdiv-1908.