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NEW HAVEN SAVINGS BANK v. GENERAL FINANCE & MORTGAGE CO.

174 Conn. 268 (1978)

NEW HAVEN SAVINGS BANK v. GENERAL FINANCE AND MORTGAGE COMPANY ET AL.

Supreme Court of Connecticut.

Decision released February 21, 1978.

Attorney(s) appearing for the Case

William E. Craig, for the appellant (plaintiff).

David M. Reilly, Jr., for the appellee (defendant Beatrice L. Drazen, executrix, estate of Charles E. Drazen).

HOUSE, C. J., LOISELLE, BOGDANSKI, LONGO and SPEZIALE, JS.

LONGO, J.

This appeal is from an order awarding rents collected by a court-appointed receiver to a junior mortgagee in a foreclosure action brought by a senior mortgagee. On May 9, 1973, the plaintiff, New Haven Savings Bank, made a mortgage loan of $775,000 to the named defendant, General Finance and Mortgage Company. The loan was secured by a first mortgage on commercial property in North Haven and by a conditional assignment...

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