In re West Side Electric Light & Power Co.
Concurring Opinion
(concurring.) The statement that the sale was of no more than the right, title, and interest of the judgment debtor, in the property sold under the execution, has not been-denied or questioned. It is to be acted upon, therefore, as an established fact. And from that fact it follows that the persons claiming liens upon the property sold have no right to or interest in the money produced by the sale. That money belongs to the judgment
Opinion of the Court
The West Side Electric Light & Power Company was organized, -as its name implies, for supplying electric light and power. The company leased from its president, Elsworth L. Striker, a lot on West Fifty-Third street, in New York city, and erected thereon á substantial brick building to receive its plant, viz., engines, boilers, dynamos, etc. A large part of the plant was purchased through the firm of Charles R. Vincent thereof, being over $7,000.
It is contended on the part of the appellant that the asserted lien was not ■a valid one, and gave the lienors no prior claim; but whether it was or not it ■is not necessary for the purposes of this appeal to decide. On the subject, ■however, see Watts-Campbell Co. v. Yuengling, 3 N. Y. Supp. 869; McAdam, Landl. & Ten. § 119, and cases cited. It is not considered necessary to decide the question, as suggested, for the reason that the sale of the articles sold was made subject to the lien of Charles B. Vincent & Co., whatever it might be, as announced at the time of the sale, and is protected by the character of the sale made by the sheriff, namely, of all the right, title, and inter■est of the West Side Electric Light & Power Company, which they had on the 8th of June, 1889, or at any time thereafter, in and to two boilers, two ■engines, and one dynamo, the property levied upon as already stated. The ¡purchaser consequently took the property subject to the lien of which he was advised, which still attaches to the property, and which, if valid, can be enforced against it, notwithstanding its delivery to the purchaser. Under these ■circumstances the motion should have been granted. The West Side Electric Light & Power Company having an interest in the surplus over and above the lien, assuming that claim to be valid, it was a leviable interest and could be sold as it was. For these reasons the order appealed from should be reversed, •and the motion granted, with $10 costs, and the disbursements of this appeal.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.