ROXBURY STATE BANK v. THE CLARENDON


123 N.J. Super. 400 (1973)

303 A.2d 340

ROXBURY STATE BANK, A BANKING CORPORATION OF THE STATE OF NEW JERSEY, PLAINTIFF, v. THE CLARENDON, ROBERT S. DOUGLAS, LEONARD A. CODELLA, EVELYN PUTZ, WILLIAM PUTZ, LOTTIE PUTZ AND ERNEST PUTZ, AND THE TOWN OF HACKETTSTOWN, DEFENDANTS.

Superior Court of New Jersey, Chancery Division.

Decided April 5, 1973.


Attorney(s) appearing for the Case

Mr. Steven S. Radin for plaintiff Roxbury State Bank, (Messrs. Sills, Beck, Cummis, Radin & Tischman, attorneys).

Mr. Richard B. Thomas, Jr. for defendants Putz (Messrs. Schenck, Price, Smith & King, attorneys).

Mr. Abraham Natovitz, attorney for Receiver of defendant The Clarendon.


STAMLER, J.S.C.

A foreclosure complaint was brought by plaintiff Roxbury State Bank against The Clarendon, a New Jersey corporation. Named as defendants, among others, were Evelyn, William, Lottie and Ernest Putz, holders of a mortgage subordinated to that of plaintiff. The complaint was filed on August 16, 1971.

A related case is Putz v. Hook Mountain Industries, Inc. and The Clarendon (C-1660-70)....

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