Case Name: UNION DIME SAVINGS INSTITUTION v. JOSEPH W. DURYEA, GIBBONS L. KELTS, and others, Appellants, and HENRY C. BISPHAM, Respondent
Court: New York Supreme Court
Jurisdiction: New York
Decision Date: 1874-12
Citations: 10 N.Y. Sup. Ct. 210
Docket Number: 
Parties: UNION DIME SAVINGS INSTITUTION v. JOSEPH W. DURYEA, GIBBONS L. KELTS, and others, Appellants, and HENRY C. BISPHAM, Respondent.
Judges: 
Reporter: Supreme Court Reports (Hun)
Volume: 10
Pages: 210–211

Head Matter:
UNION DIME SAVINGS INSTITUTION v. JOSEPH W. DURYEA, GIBBONS L. KELTS, and others, Appellants, and HENRY C. BISPHAM, Respondent.
Surplus moneys—judgment “ secured on appeal ” — effect of restoration of lien of.
On the 17th of March, 1878, Bispham recovered a judgment against Keech, which was, on the twenty-eighth of the following July, marked “ secured on appeal.” On the 39th of December, 1878, a new trial was granted, on the ground of newly discovered evidence, the judgment being ordered to stand as security. Between the twenty-eighth of July and the twenty-ninth of December, Keech, in order to secure a prior indebtedness, executed a mortgage on the premises in question to Kelts & Co., who, in consideration thereof, extended the time of payment of their account against Keech. On an application for the distribution of the surplus moneys arising upon the sale of the premises under a prior mortgage, held, that the mortgage of Kelts & Co. should be paid in preference to the judgment.
Appeal from an order of the Special Term,' sustaining the exceptions of the respondent, Bispham, to the report of a referee, appointed in an application for the distribution of the surplus moneys arising on a sale upon the foreclosure of a mortgage.
Alex. Ost/rander, for the appellants.
Bewj. T. Kissam, for the respondent.

Opinion:
Opinion by Barrett, J.
Davis, P. J., and Daniels, J., concurred.
Order reversed, with costs and disbursements; exceptions to the referee's report overruled, and motion to confirm report granted, with ten dollars costs.