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MANUFACTURERS LIFE INSURANCE CO. v. KLEPPER

Civ. A. 1145-57.

168 F.Supp. 251 (1958)

The MANUFACTURERS LIFE INSURANCE COMPANY, Plaintiff, v. Albert Barnett KLEPPER, Edward Schnur, Tanner Associates, Inc., and Marie M. Constant, Defendants. and Peter W. Kero, Inc., Claimant-Intervenor.

United States District Court D. New Jersey.

December 17, 1958.

Attorney(s) appearing for the Case

Edward M. Rothstein, Lakewood, N. J., for Edward Schnur.

Eugene P. Kenny, Jersey City, N. J., for Tanner Associates, Inc.

William L. Hughes, New York City, for Marie M. Constant.

Sher, Friedman & Sher, by Saul Sher, Rutherford, N. J., for Peter W. Kero, Inc.

WORTENDYKE, District Judge.

To secure an aggregate indebtedness of $28,000, evidenced by promissory notes endorsed by Menander T. Constant and Marie M. Constant, Hadji Realty Corporation mortgaged lands in Monmouth County, New Jersey, to Edward Schnur. The mortgage was duly recorded on November 1, 1955 in the Monmouth County Clerk's office. Menander T. Constant and Marie M. Constant were, respectively, president and secretary of the mortgagor. After default, the mortgagee...

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