Case Name: Robert E. O'Brien, Respondent, v. Empire Discount Corporation, Appellant, et al., Defendants
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1966-01-20
Citations: 25 A.D.2d 484
Docket Number: 
Parties: Robert E. O’Brien, Respondent, v. Empire Discount Corporation, Appellant, et al., Defendants.
Judges: Present — Williams, P. J., Goldman, Henry, Del Vecchio and Marsh, JJ.
Reporter: Appellate Division Reports
Volume: 25
Pages: 484–485

Head Matter:
Robert E. O’Brien, Respondent, v. Empire Discount Corporation, Appellant, et al., Defendants.

Opinion:
Judgment affirmed, without costs of this appeal to any party. All concur, except Williams, P. J., and Goldman, J., who dissent and vote for reversal in the following Memorandum: Equity and fairness require that the amount received from the condemnation of a portion of the property covered by the Empire Discount Corporation mortgage should have been applied in reduction of the first mortgage. (See Muldoon v. Mid-Bronx Holding Corp., 287 N. Y. 227; Cyllene Corp. v. Eisen, 272 N. Y. 526; Matter of City of New York [Neptune Ave.], 271 N. Y. 331; Matter of City of New York [Houghton Ave.], 266 N. Y. 26, 29.) (Appeal from judgment of Monroe Trial Term foreclosing the mortgage and ordering a sale.)
Present — Williams, P. J., Goldman, Henry, Del Vecchio and Marsh, JJ.