Gorschen v. Ivan-Reen Realty Corporation
Gorschen v. Ivan-Reen Realty Corporation
59 N.E.2d 33; 293 N.Y. 794; 1944 N.Y. LEXIS 2223
(North Eastern Reporter, Second Series)
Gorschen v. Ivan-Reen Realty Corporation
Opinion of the Court
Refusal of the mortgagor to pay a higher rate of interest than that specified in the extension agreement after the expiration of the extension furnished no ground for foreclosure of the mortgage (Brighton Operating Corp. v. Morrison, 291 N. Y. 6). No other question is open for our consideration.
The judgments should be reversed and the complaint dismissed, with costs in all courts.
Lehman, Ch. J., Loughran, Rippey, Lewis, Conway, Desmond and Thacher, JJ., concur.
Judgments reversed, etc.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.