Case Name: In the Matter of the Rehabilitation of Bond and Mortgage Guarantee Company; In the Matter of a Plan of Readjustment, etc., of the Rights of the Holders of Investments in a Certain Mortgage Covering Premises Known as the Salisbury Golf Courses, Whaleneck Road, East Meadow, Nassau County, Long Island, New York, Guaranteed by Bond and Mortgage Guarantee Company and Designated as Guarantee No. 171,038. Paragon Land Corp., Morris Walzer, Louis Weinstock and Harold J. Weinstock, Appellants; Joseph P. Day, Frederick R. Crane and Bradley Delehanty, Trustees, etc., Respondents
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1941-06-09
Citations: 262 A.D. 857
Docket Number: Appeal No. 3
Parties: In the Matter of the Rehabilitation of Bond and Mortgage Guarantee Company. In the Matter of a Plan of Readjustment, etc., of the Rights of the Holders of Investments in a Certain Mortgage Covering Premises Known as the Salisbury Golf Courses, Whaleneek Road, East Meadow, Nassau County, Long Island, New York, Guaranteed by Bond and Mortgage Guarantee Company and Designated as Guarantee No. 171,038. Paragon Land Corp., Morris Walzer, Louis Weinstock and Harold J. Weinstock, Appellants; Joseph P. Day, Frederick R. Crane and Bradley Delehanty, Trustees, etc., Respondents.
Judges: 
Reporter: Appellate Division Reports
Volume: 262
Pages: 857–857

Head Matter:
In the Matter of the Rehabilitation of Bond and Mortgage Guarantee Company. In the Matter of a Plan of Readjustment, etc., of the Rights of the Holders of Investments in a Certain Mortgage Covering Premises Known as the Salisbury Golf Courses, Whaleneek Road, East Meadow, Nassau County, Long Island, New York, Guaranteed by Bond and Mortgage Guarantee Company and Designated as Guarantee No. 171,038. Paragon Land Corp., Morris Walzer, Louis Weinstock and Harold J. Weinstock, Appellants; Joseph P. Day, Frederick R. Crane and Bradley Delehanty, Trustees, etc., Respondents.
(Appeal No. 3.)

Opinion:
Order denying appellants' motion to vacate and set aside an order to show cause dated May 23, 1940, why the purchaser at a final sale should not be compelled to complete its purchase and to require the individual appellants, as the real parties in interest, to furnish the consideration necessary to consummate the contract of sale, affirmed, with ten dollars costs and disbursements. No opinion. Lazansky, P. J., Carswell, Johnston, Taylor and Close, JJ., concur.