A.J. Richey Corp. v. Garvey, (1938)
Court: Supreme Court of Florida
Number:
Visitors: 10
Judges: TERRELL, J.
Attorneys: Casey, Walton Spain, for Appellants;
Miller Harris, A. Judson Hill, Hudson Cason and George O. Knutson, for Appellees.
Filed: May 21, 1938
Latest Update: Mar. 02, 2020
Summary: Prior to December, 1934, bonds were issued and secured by first mortgage on a thirty-unit apartment house located at Miami Beach, known as Covington Arms Apartments. The mortgage was foreclosed and the bondholders purchased the property which by reason of bankruptcy proceedings was held as an asset for sale in the United States District Court in New York City. *Page 604 A.J. Richey was interested in the purchase, and with $2,500.00 placed in his hands by Mrs. Lelia P. Kotman, a widow, secured an
Summary: Prior to December, 1934, bonds were issued and secured by first mortgage on a thirty-unit apartment house located at Miami Beach, known as Covington Arms Apartments. The mortgage was foreclosed and the bondholders purchased the property which by reason of bankruptcy proceedings was held as an asset for sale in the United States District Court in New York City. *Page 604 A.J. Richey was interested in the purchase, and with $2,500.00 placed in his hands by Mrs. Lelia P. Kotman, a widow, secured an ..
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I think the Chancellor's findings are substantially supported by the evidence and am therefore of the opinion that the decree based on those findings should be affirmed.
Source: CourtListener
