Court Opinion

ID: 5241182
Source: CourtListenerOpinion
Date Created: 2022-01-06 17:26:27.488546+00
Date Added: 2024-06-11T08:27:48.340001
License: Public Domain

Per Curiam:
The action is to foreclose a third mortgage. The plaintiff is a mortgagee in possession, and is collecting the rents under the terms of its mortgage and under an assignment of rents. The defendant, N. Pass-man & Son, Inc., has a mechanic’s lien upon the premises. An order appointing a receiver of the rents, issues and profits of the premises has been granted upon the motion of the defendant lienor. In the absence of some statutory provision therefor a mechanic’s lienor has no standing to ask to have the rents impounded. There is no allegation of waste, fraudulent removal of property, or other grounds upon which a court of equity might be moved to appoint a receiver for the preservation of the property pending suit. The order should be reversed, with ten dollars costs and disbursements, and the motion denied, with ten dollars costs. Present— Clarke, P. J., McLaughlin, Laughlin, Scott and Page, JJ. Order reversed, with ten dollars costs and disbursements, and motion denied, with ten dollars costs.