Leverich v. Culver

14 Daly 260, 8 N.Y. St. Rep. 390
CourtNew York Court of Common Pleas
DecidedJune 6, 1887
StatusPublished

This text of 14 Daly 260 (Leverich v. Culver) is published on Counsel Stack Legal Research, covering New York Court of Common Pleas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Leverich v. Culver, 14 Daly 260, 8 N.Y. St. Rep. 390 (N.Y. Super. Ct. 1887).

Opinion

Bookstaver, J. —

The evidence in this case is almost altogether in writing, and none of the facts are disputed.

[261]*261These facts, as far as we deem them necessary to determine the questions involved, are as follows :

'* On March 30th, 1875, Willia'm L. Skidmore, as receiver and special guardian, leased to Joseph Hart, for a term of ten years, what was then known as Nos. 545 and 547 Sixth Avenue; and two lots of land in the rear of those lots. No. 547 Sixth Avenue is now known as 1287 Broadway. There was then, and is now, on it a four-story building. The lease contained a covenant by Joseph Hart to expend at least $50,000 in the erection of a building or buildings on the demised premises, exclusive of that portion now known as 1287 Broadway.

Hart entered into possession, under the lease, on the 1st of May, 1875. On the 1st of April, 1875, Hart and Joseph Dowling entered into a co-partnership for carrying on the theatrical business, to continue for ten years, from May 1st, 1875. Dowling contributed $60,000 to this co-partnership ; and what was known as the Eagle Theatre was erected on the demised premises, other than the lot 1287 . Broadway. On September 1st, 1875, Hart mortgaged the Skidmore lease and the demised term to Joshua C. Sanders, for $25,000; who, on the 28th of September, 1875, duly assigned the same to Bernard Earle. On November 10th, 1875, the co-partnership between Hart and Dowling was dissolved by mutual consent, Hart agreeing to repay to Dowling the $60,000 contributed by Dowling, within five years from November 20th, 1875; and that, if the whole or any part of the sum should remain unpaid at the end of five years from that date, Dowling should have the right to enter into possession of the leasehold premises, and retain absolute possession thereof, for his own benefit, until within 90 days of the expiration of the Skidmore lease. No part of the $60,000 was ever paid.

On the 25th of October, 1877, a transcript of a judgment theretofore rendered, in favor of the plaintiff and against Hart, for $21,398.89, was duly docketed in New York County. On the 2nd of February, 1878, Hart sublet all the premises covered by the Skidmore lease, except 1287 [262]*262Broadway, to William Henderson, for two years from March 1st, 1878, at an advanced rental, with privilege of renewal for five additional years; which sublease, Hart, on the same day, assigned to Joshua C. Sanders, who, on the 11th of February, 1878, executed and delivered to Hart an agreement that he would make certain dispositions of the rent, when collected, under the sublease.

On the 27th of April, 1878, an execution was issued, based on the judgment theretofore recovered by the plaintiff, to the sheriff of New York County, who, by" virtue of it, sold at public auction, on the 16th of July, 1878, to the plaintiff, for $750, all the right, title, and interest, which Hart had on the 25th of October, 1877, in and to the premises demised to him by the Skidmore lease, and thereupon the sheriff delivered to the plaintiff the proper certificate of sale. On the first day of July, 1878, William Laimbeer recovered a judgment against Hart for $13,399, which was, on the first day of July, 1879, docketed in the clerk’s office of the City and County of New York, and, on the 31st of July, 1879, this judgment was assigned by Laimbeer to John D. Lewis.

Lewis was the nominee, and acted in the interests of the defendants in this action, and the defendants, after the assignment, controlled the last mentioned judgment.

Under this last judgment Lewis, about September 18tli, 1879, made the payment and did the acts required to redeem from the sale under the plaintiff’s judgment. This redemption was made under the agreement hereafter to be considered. At the time of this redemption and agreement, all the right, title, and interest of Hart to the demised premises had been assigned to Lewis, by Louis F. Post, assignee in bankruptcy of Hart. But this assignment in no wise affected the lien of plaintiff’s judgment, as the proceedings in bankruptcy were not commenced until after this judgment had been duly docketed.

On November 3d, 1879, the sheriff executed to Lewis a deed pursuant to his redemption. Prior to the said redemption, and the docketing of the Laimbeer judgment, [263]*263but subsequently to the docketing of the plaintiff’s judgment, the following transactions had occurred:

On February 15th, 1879, the administrator of Joseph Dowling, who had died before that time, assigned to Weeks W. Culver, one of the defendants herein, the agreement made on the dissolution of the partnership between Hart and Dowling, which was not recorded until after March 21st, 1879.

On the last mentioned day, Earle commenced an action to foreclose the $25,000 mortgage assigned to him, making, among others, Hart, the plaintiff, Laimbeer, and the administrator of Dowling, parties defendant. Plaintiff and the administrator answered, setting up various defenses. Laimbeer did not answer.

On receiving from the sheriff the certificate of redemption, Lewis commenced a suit in the Supreme Court against Joshua C. Sanders, Bernard Earle, William Henderson, and others, based upon that certificate and the interest in said premises which Lewis had acquired in the manner herein-before stated. The purposes of this last suit were to annul the assignment to Sanders by Hart, and the agreement of February 11th, 1878, between the same parties; to compel Sanders to account to Lewis for all moneys received by him from Henderson, under the lease from Hart to Henderson; to compel Henderson to pay future accruing rents to Lewis; to restrain Henderson from paying and Sanders from collecting any further rent under that sublease; to have a receiver appointed, etc.

An order was obtained restraining Sanders, as in the complaint asked for; and thereafter, and on the 25th of September, 1879, a receiver was appointed.

Subsequently, and on the 15th of May, 1880, all the parties to the Lewis suit entered into a written stipulation; and, on the 30th of May, 1880, judgment was rendered in that action, in accordance with the terms of the stipulation.

The redemption by Lewis, made, as before stated, on the 18th day of September, 1879, was made under the following circumstances: The defendants provided the $750 with [264]*264interest, amounting to $61.75, for the purposes of the redemption, and the sheriff, thereupon, granted the proper certificate of redemption.

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Bluebook (online)
14 Daly 260, 8 N.Y. St. Rep. 390, Counsel Stack Legal Research, https://law.counselstack.com/opinion/leverich-v-culver-nyctcompl-1887.