New York Court of Chancery, 1840

McCarthy v. Graham

McCarthy v. Graham
New York Court of Chancery · Decided August 26, 1840
8 Paige Ch. 480; 1840 N.Y. LEXIS 453; 1840 N.Y. Misc. LEXIS 53

Counsel

L. H. Sandford, for the appellant., W. P. Hawes, for the respondent.

McCarthy v. Graham

Opinion of the Court

The Chancellor

decided that the usual decree in such cases, for the payment of the deficiency, upon the confirmation of the report of the sale, in case it should appear from such report that the proceeds of the mortgaged premises were not sufficient to pay the debt and costs, was proper under the provisions of the revised statutes on this subject; and was not erroneous. And that it was not necessary to wait until after the sale of the mortgaged premises before the contingent decree for the payment of such deficiency could be made.

Case-law data current through December 31, 2025. Source: CourtListener bulk data.