Klee v. Crossways Apartments Corp.
This text of 228 A.D. 668 (Klee v. Crossways Apartments 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 affirmed, with ten dollars costs and disbursements. The appellant being a corporation, section 150 of the General Corporation Law* the appointappointof a receiver where the income of the property is specifically mortgaged, and this is so without regard to whether or not the property itself is sufficient to pay the mortgage debt. The consent in the mortgage that an application for the appointment of a receiver might be made without notice must be given effect under section 975 of the Civil Practice Act. Lazansky, P. J., Young, Hagarty, Carswell and Scudder, JJ., concur.
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228 A.D. 668, Counsel Stack Legal Research, https://law.counselstack.com/opinion/klee-v-crossways-apartments-corp-nyappdiv-1929.