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S.D. WALKER, INC. v. BRIGANTINE BEACH HOTEL CORP.

44 N.J. Super. 193 (1957)

129 A.2d 758

S.D. WALKER, INC., A CORPORATION, PLAINTIFF, v. BRIGANTINE BEACH HOTEL CORPORATION, A CORPORATION, LOWELL HOLDING CORPORATION, J & J DISTRIBUTING COMPANY, A CORPORATION, DANIEL WOLFE, AND ATLANTIC COAST FISH CO., A CORPORATION, DEFENDANTS.

Superior Court of New Jersey, Chancery Division.

Decided March 1, 1957.

Attorney(s) appearing for the Case

Mr. William E. Stringer, attorney for plaintiff.

Mr. Emerson Richards, attorney for defendant Brigantine Beach Hotel Corporation.

GOLDMANN, J.S.C.

Plaintiff brings this foreclosure action as subsequent assignee of a $100,000 mortgage given by defendant company to Sara S. Washington (later Sara S. Washington Logan), now deceased, covering its hotel property at Brigantine, New Jersey. The complaint alleges the following defaults under the bond and mortgage and the mortgage extension agreement entered into between Mrs. Logan's executors and the defendant: (1) non-payment of $2,000 interest which...

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