Case Name: John J. Foster and Thomas J. Christensen, complainants, v. Bay Front Land Company, a corporation of New Jersey, et al., defendants
Court: New Jersey Court of Chancery
Jurisdiction: New Jersey
Decision Date: 1930-12-22
Citations: 9 N.J. Misc. 6
Docket Number: 
Parties: John J. Foster and Thomas J. Christensen, complainants, v. Bay Front Land Company, a corporation of New Jersey, et al., defendants.
Judges: 
Reporter: New Jersey Miscellaneous Reports
Volume: 9
Pages: 6–6

Head Matter:
John J. Foster and Thomas J. Christensen, complainants, v. Bay Front Land Company, a corporation of New Jersey, et al., defendants.
[Decided December 22d, 1930.]
Messrs. Babcock <& Champion, fór the complainant Ezekiel Y. Corson.
Mr. Max Grossman, receiver for Bay Pront Land Company.

Opinion:
Ingeksoll, y. C.
Following Bankers Trust Co. v. Maxson, 100 N. J. Eq. 1: A receiver is entitled to impose a lien upon the proceeds of the sale of the mortgaged premises prior to the lien of the complainant's mortgage for his compensation and costs. Further equities must be reserved until the filing of the receiver's account and audit.