Gerstley v. Best
Cases that cite this one
1 later published case cites this decision.
- North Hudson Bond & Mortgage Co. v. Luberto (N.J. 1931)
This list shows which later cases cite this one. It does not say how they treated it, and no review of that has been done. Not a substitute for Shepard’s or KeyCite — verify before relying.
Opinion of the Court
This is an appeal from a judgment entered by confession against the defendants on a bond and warrant of attorney; the payment of the bond being secured by a mortgage.
The first ground upon which we are asked to reverse the judgment is based upon the assertion that the plaintiff failed to file in the office of the county clerk an intention to enter judgment until after the judgment itself was entered; and the contention is that such entry was in violation of section 51 of the statute concerning proceedings on bond and mortgages given for the same indebtedness (Comp. Slat., p. 3423), which declares that where a mortgage is
The next ground upon which we are asked to reverse the judgment is that the notice of intention was not that provided by the statute because it merely stated that it was intended to commence an action on the bond on which judgment was entered, whereas the proceeding for the entry of the judgment was taken and judgment was entered by confession. It may be conceded-that the notice was not skillfully drawn. We think, however, that it was sufficient in view of the fact that it contained the following recital in its beginning: “Notice of the proposed entry of judgment by confession on bond and warrant where mortgage has been foreclosed and a deficiency has arisen.” This is a correct recital of the situation as disclosed by the record; namely, that the bond had been secured by a mortgage; that the mortgage has been foreclosed; that a deficiency had arisen at the forecl&sure sale; and that the holder of the bond and mortgage proposed to enter a judgment by confession on the bond. The notice, by containing the information required by the statute, accomplished the purpose intended by the legislature in its enactment. This being so, we consider the ground of reversal last discussed must fail.
It is next contended that the record of the judgment does not show that it was entered within six months of the sale of the premises under the foreclosure. There is nothing, however, in the statute which requires the judgment to contain such a recital, and this being so, we conclude that this contention also is without merit.
These are the only questions argued that have sufficient merit to entitle them to discussion. The judgment under review will be affirmed.
Case-law data current through September 30, 2026. Source: CourtListener bulk data.