MANCHESTER FEDERAL SAVINGS & LOAN ASSOCIATION
v.
EMERY-WATERHOUSE CO. & a.
Supreme Court of New Hampshire.https://leagle.com/images/logo.png
Argued June 2, 1959.
Decided August 18, 1959.
Attorney(s) appearing for the Case
Booth, Wadleigh, Langdell, Starr & Peters and Charles J. Dunn (Mr. Dunn orally), for the plaintiff.
Maurice P. Bois, United States Attorney, and Alexander J. Kalinski, Assistant U. S. Attorney (Mr. Kalinski orally), for the United States of America.
Shaines & Brown (Mr. Brown orally), for Samuel Hurwitz Company and Atlantic Distributing Company.
Griffin, Harrington & Brigham (Mr. Griffin orally), for Katherine Ogg and Christine O. Mahar.
T. Casey Moher for Emery-Waterhouse Company and Manchester Supply Company; Henry M. Fuller for Rockingham Electrical Supply Company and Gerald W. Berousky; Joseph E. Michael, Jr. for Weston Palmer; and Samuel A. Margolis for Daniel P. Creed Company, furnished no briefs.
Supreme Court of New Hampshire.
DUNCAN, J.
Under well-established principles, surplus funds in the hands of a mortgagee, after foreclosure of a power of sale mortgage and satisfaction of the secured indebtedness and expenses, are the property of the mortgagor, subject however to encumbrances and liens existing at the time of foreclosure. Such liens attach to the surplus proceeds in equity, in the same order of priority and with the same effect as they bound...
Let's get started
Welcome to the leading source of independent legal reporting Sign on now to see your case. Or view more than 10 million decisions and orders.
Updated daily.
Uncompromising quality.
Complete, Accurate, Current.
Listed below are the cases that are cited in this Featured Case. Click the citation to see the full
text of the cited case. Citations are also linked in the body of the Featured Case.
Cited Cases
No Cases Found
Listed below are those cases in which this Featured Case is cited. Click on the case name to see the
full text of the citing case.
