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Lambert, J.: Elbert B. Hamlin, as trustee in bankruptcy for the' defendant corporation, in an action to foreclose a certain mortgage for $25,000, on which a payment of $10,000 had been made, and who had been permitted to intervene and defend in behalf of the corporation, defaulted upon the trial by reason of a misunderstanding between himself and the attorney for the plaintiff. ■ An order opening tlie default has been granted, upon terms, and this appeal is from so much of the order as requires the trustee to furnish an undertaking' for $5,000 conditioned for the payment to the plaintiff of any deficiency that may arise upon the sale of the premises by reason of the delay occasioned by the default:
There does not appear to be any occasion for the imposing of this personal obligation upon a trustee in bankruptcy, the officer of' a court of the United States, and we reach the conclusion that the order appealed from should be modified by striking out the provision for a bond on the part of the trustee, and as so modified, the order should be affirmed, without costs. x
Patterson, P. J., McLaughlin and Clarke, JJ., concurred; Ingraham, J., dissented.
Document Info
Citation Numbers: 119 A.D. 300, 104 N.Y.S. 620, 1907 N.Y. App. Div. LEXIS 3929
Judges: Ingraham, Lambert
Filed Date: 5/24/1907
Precedential Status: Precedential
Modified Date: 11/12/2024