Citation Numbers: 20 N.Y.S. 812, 49 N.Y. St. Rep. 782
Judges: Lawrence
Filed Date: 11/18/1892
Status: Precedential
Modified Date: 10/19/2024
We agree with the learned counsel for the respondent that section 1331
Code Civil Proc. § 1331, provides: “If the appeal is taken from a judgment which entitles the respondent to the immediate possession of real property, or from a judgment or order directing the sale or the delivery of possession of real property, it does not stay the execution of the judgment or order until the appellant gives a written undertaking to the effect that he will not, while in possession of the property, commit or suffer to be committed any waste thereon; and that, if the judgment or order is affirmed, or the appeal is dismissed, he will pay the value of the use and occupation of the property, or the part thereof as to which the judgment or order is affirmed from the time of taking the appeal until the delivery of the possession thereof, pursuant to the judgment or order, not exceeding a specified sum, fixed by a judge of the court below. But, if the judgment directs a foreclosure and sale of real property mortgaged, an undertaking is sufficient to stay the execution of the judgment, which is to the effect that, if the judgment is affirmed, or the appeal is dismissed, the appellant will pay any deficiency which may occur upon the sale in discharging the sum to pay which the sale is directed, with interest and the costs, and all expenses chargeable against the proceeds of the sale, not exceeding a specified sum, fixed by a judge of the court below. ”