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ORANGE SAVINGS BANK v. TODD

48 N.J. 428 (1967)

226 A.2d 178

ORANGE SAVINGS BANK, A CORPORATION OF THE STATE OF NEW JERSEY, PLAINTIFF-APPELLANT, v. ALFRED C. TODD AND DOROTHY M. TODD, HIS WIFE, AND THE GREATER MORTGAGE COMPANY, A CORPORATION, DEFENDANTS, AND SEARS, ROEBUCK AND COMPANY, A CORPORATION OF THE STATE OF NEW YORK, DEFENDANT-RESPONDENT.

The Supreme Court of New Jersey.

Decided February 6, 1967.

Attorney(s) appearing for the Case

Mr. John R. Murray argued the cause for appellant (Mr. Thomas P. Kelly, on the brief).

Mr. Sheldon H. Pressler argued the cause for respondent (Messrs. Pressler & Pressler, attorneys).

Mr. Arthur L. Abrams, attorney for New Jersey Land Title Insurance Association, argued the cause amicus curiae.

PER CURIAM.

The plaintiff Orange Savings Bank is the holder of a first mortgage dated April 17, 1963 on premises owned by the Todds. On February 29, 1964 a second mortgage was executed by the Todds and is held by The Greater Mortgage Company. On June 1, 1964 Sears, Roebuck and Company filed a Financing Statement covering a "complete kitchen, stove and cabinets" installed by it in the mortgaged premises on order from the Todds who executed a Security Agreement in its...

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