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BLANCOB CONSTR. v. 246 BEAUMONT EQUITY

23 A.D.2d 413 (1965)

Blancob Construction Corp. et al., Appellants, v. 246 Beaumont Equity, Inc., et al., Defendants; Manufacturers Hanover Trust Company, Respondent

Appellate Division of the Supreme Court of the State of New York, First Department.

July 8, 1965.

Attorney(s) appearing for the Case

George Sassower of counsel (Sassower & Sassower, attorneys), for appellants.

William Doischen of counsel (Samuel Friedman, attorney), for respondent.

BOTEIN, P. J., BREITEL, VALENTE and STEUER, JJ., concur.

EAGER, J.

This is an action to foreclose a real estate mortgage on an apartment building. The mortgage purportedly contained a standard "after-acquired" property clause, and the plaintiffs (mortgagees) claim priority over the assignee of a conditional sale contract covering a heating boiler, oil burner and oil storage tank installed by the conditional vendor after the execution and delivery of the mortgage. The...

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