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Emdee Management Corporation v. Adolf Kaufman, as Trustees under a Declaration of Trust and Plan of Reorganization of New York Title and Mortgage Company Series B-1 Mortgage Investments
Opinions in this case
- Majority
- Dissent — Lewis
Memorandum by the Court. Submission of a controversy upon an agreed statement of facts pursuant to sections 546-548 of the Civil Practice Act. The question involved is whether interest currently payable on defendants’ past due mortgage shall be at the rate of 6%, as contended by defendants, or 4%%, as contended by plaintiff. Judgment directed in favor of plaintiff, with costs. (Brighton Operating Corp. v. Morrison, 291 N. Y. 6.)