In re the Account of the Proceedings of Hall
Opinion of the Court
Order settling and approving the account of the committee of an incompetent reversed on the law and the facts, with costs, payable by the respondent as administratrix, motion to confirm report of official referee denied, without costs, and the matter remitted to Special Term to take proof of the loss to the incompetent’s estate caused by the neglect of the committee in the prosecution of the foreclosure action. The committee purchased a mortgage for the incompetent’s estate in 1929. Beginning with April, 1934, the interest payments due under the mortgage were not made by the mortgagor. In 1935 the committee instructed his attorneys to foreclose the mortgage, and an action was commenced. Thereafter the committee did nothing to bring the action to judgment, nor did he even inquire of his attorneys as to its status. No receiver of the rents of the mortgaged premises was ever applied for or appointed, and it was not until 1939 that a judgment was procured in the foreclosure action. In the interim not only was no interest received on' the mortgage indebtedness,
Case-law data current through December 31, 2025. Source: CourtListener bulk data.