Case Name: Emdee Management Corporation, Plaintiff, v. Adolf Kaufman et al., as Trustees under a Declaration of Trust and Plan of Reorganization of New York Title and Mortgage Company Series B-1 Mortgage Investments, Defendants
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1944-06-12
Citations: 268 A.D. 778
Docket Number: 
Parties: Emdee Management Corporation, Plaintiff, v. Adolf Kaufman et al., as Trustees under a Declaration of Trust and Plan of Reorganization of New York Title and Mortgage Company Series B-1 Mortgage Investments, Defendants.
Judges: 
Reporter: Appellate Division Reports
Volume: 268
Pages: 778–779

Head Matter:
(June 12, 1944.)
Emdee Management Corporation, Plaintiff, v. Adolf Kaufman et al., as Trustees under a Declaration of Trust and Plan of Reorganization of New York Title and Mortgage Company Series B-1 Mortgage Investments, Defendants.

Opinion:
Memorandum by the Court. Submission of a controversy upon an agreed statement of facts pursuant to sections 546-548 of the Civil Practice Act. The question involved is whether interest currently payable on defendants' past due mortgage shall be at the rate of 6%, as contended by defendants, or 4%%, as contended by plaintiff.
Judgment directed in favor of plaintiff, with costs. (Brighton Operating Corp. v. Morrison, 291 N. Y. 6.)