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BRINKMAN v. URBAN REALTY CO., INC.

15 N.J. Super. 354 (1951)

83 A.2d 451

EDITH BRINKMAN, ET AL., PLAINTIFFS-APPELLANTS, v. URBAN REALTY CO., INC., TEANECK GARDENS, INC., SIDNEY SARNER, RALPH J. SOLOW AND GEORGE L. MARCUS, DEFENDANTS-RESPONDENTS.

Superior Court of New Jersey, Appellate Division.

Decided September 24, 1951.

Attorney(s) appearing for the Case

Mr. Warren Dixon, Jr., argued the cause for appellants.

Mr. Walter D. Van Riper argued the cause for respondents.

Before Judges McGEEHAN, JAYNE and WM. J. BRENNAN, JR.

The opinion of the court was delivered by WILLIAM J. BRENNAN, JR., J.A.D.

Defendant, Teaneck Gardens, Inc., constructed apartments in Teaneck, Bergen County, financed by a $1,592,000 bank mortgage. The mortgage was insured under the National Housing Act which originated in chapter 847 of Act of June 27, 1934 (48 Stat. 1246; Title 12 U.S.C.A., secs. 1701, et seq.). To qualify the mortgage for insurance within the regulations of the Federal...

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