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BRUCK v. THE CREDIT CORP.

3 N.J. Super. 177 (1949)

65 A.2d 852

LEO BRUCK, STATUTORY RECEIVER OF MARLOWE MOTORS, INC., A CORPORATION, PLAINTIFF-RESPONDENT, v. THE CREDIT CORPORATION, A CORPORATION, DEFENDANT-APPELLANT.

Superior Court of New Jersey, Appellate Division.

Decided May 4, 1949.

Attorney(s) appearing for the Case

Mr. Abe W. Wasserman (Mr. Harry G. Cohen, attorney) argued the cause for the plaintiff-respondent.

Mr. Charles Blume argued the cause for the defendant-appellant.

Before Judges JACOBS, EASTWOOD and BIGELOW.

The opinion of the court was delivered by JACOBS, S.J.A.D.

This is an appeal by the defendant, The Credit Corporation, from a judgment of the Chancery Division which declared four chattel mortgages held by it and executed by Marlowe Motors, Inc., to be void and directed that the proceeds therefrom be paid to the plaintiff as statutory receiver of Marlowe Motors, Inc.

Marlowe Motors, Inc., was a dealer in new and used automobiles with its principal place of...

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