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. Paragon Land Corp., Appellant; 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. 1; Appeal No. 2
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, 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. Paragon Land Corp., Appellant; 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, 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. Paragon Land Corp., Appellant; Joseph P. Day, Frederick R. Crane and Bradley Delehanty, Trustees, etc., Respondents.
(Appeal No. 1.)
(Appeal No. 2.)

Opinion:
(Appeal No. 1.) Order directing the corporate appellant to complete its purchase and the individual appellants to furnish the necessary funds and consideration affirmed, with ten dollars costs and disbursements. No opinion. (Appeal No. 2.) Order entered October 18, 1940, denying the appellant's motion for a rehearing of the motion to compel appellants (Appeal No. 1.) to complete the purchase, affirmed, without costs. No opinion. Lazansky, P. J., Carswell, Johnston, Taylor and Close, JJ., concur.