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CEDERLUND v. HUB LOAN CO.

88 N.J. Super. 238 (1965)

211 A.2d 809

LORAN F. CEDERLUND, PLAINTIFF, v. HUB LOAN COMPANY, A NEW JERSEY CORPORATION, DEFENDANT. ARTHUR L. DICKSON, RECEIVER OF HUB LOAN COMPANY, PLAINTIFF-APPELLANT, v. LORAN F. CEDERLUND AND FRANCES T. ZENKER, DEFENDANTS-RESPONDENTS. ANCHORAGE MORTGAGE CORPORATION, CLAIMANT-APPELLANT, v. ARTHUR L. DICKSON, RECEIVER OF HUB LOAN COMPANY, A NEW JERSEY CORPORATION, DEFENDANT-RESPONDENT.

Superior Court of New Jersey, Appellate Division.

Decided June 30, 1965.

Attorney(s) appearing for the Case

Mr. Joseph Schoenholz argued the cause for appellant Anchorage Mortgage Corporation.

Mr. Robert J. Brady argued the cause for Arthur L. Dickson, receiver of Hub Loan Company (Messrs. Dickson & Creighton, attorneys).

Mr. Harold J. Brown argued the cause for respondent Loran F. Cederlund (Messrs. Joyce & Brown, attorneys).

Mr. Warren Dixon, Jr. argued the cause for respondent Frances T. Zenker.

Before Judges CONFORD, KILKENNY and LEWIS.

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

By order of this court the appeals in this matter were consolidated for argument. They respectively challenge the portions of a Chancery Division judgment that (1) sustained the determination of the court-appointed receiver for Hub Loan Company (herein Hub) in disallowing a $14,000 claim of Anchorage Mortgage Corporation (herein claimant or Anchorage) as a secured obligation, and (2) dismissed a summary action...

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