Case Name: Guaranty Trust Company of New York, as Trustee under the First Consolidated Mortgage of Rio Grande Western Railway Company, Respondent, and Julius Klorfein, Intervener, Respondent, v. Chase National Bank of the City of New York, as Trustee under the Refunding and Improvement Mortgage of Denver and Rio Grande Western Railroad Company, et al., Respondents, and Harold S. Baird, Intervener, Respondent. Osterman & Hutner et al., Appellants
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1951-02-27
Citations: 278 A.D. 650
Docket Number: 
Parties: Guaranty Trust Company of New York, as Trustee under the First Consolidated Mortgage of Rio Grande Western Railway Company, Respondent, and Julius Klorfein, Intervener, Respondent, v. Chase National Bank of the City of New York, as Trustee under the Refunding and Improvement Mortgage of Denver and Rio Grande Western Railroad Company, et al., Respondents, and Harold S. Baird, Intervener, Respondent. Osterman & Hutner et al., Appellants.
Judges: 
Reporter: Appellate Division Reports
Volume: 278
Pages: 650–650

Head Matter:
Guaranty Trust Company of New York, as Trustee under the First Consolidated Mortgage of Rio Grande Western Railway Company, Respondent, and Julius Klorfein, Intervener, Respondent, v. Chase National Bank of the City of New York, as Trustee under the Refunding and Improvement Mortgage of Denver and Rio Grande Western Railroad Company, et al., Respondents, and Harold S. Baird, Intervener, Respondent. Osterman & Hutner et al., Appellants.

Opinion:
With respect to the order entered October 5, 1950, we think Special Term was justified, in the exercise of discretion in denying the application of Osterman & Hutner,- et al., for leave to intervene as parties to the action. Apparently, however, the court entertained the applicant's motion on the merits and we have fully considered the motion upon the merits. Order unanimously modified to the extent of granting the application to intervene, for the purpose of this appeal and, as so modified, affirmed, with one bill of $20 costs and disbursements to the respondents. Present — Peck, P. J., Cohn, Van Voorhis, Shientag and Heffeman, JJ. [See post, p. 765.]