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N.Y. GUARDIAN MORTGAGEE CORP. v. DAVIS

193 N.J. Super. 443 (1984)

474 A.2d 1101

THE NEW YORK GUARDIAN MORTGAGEE CORPORATION, PLAINTIFF, v. HENRY T. DAVIS, III AND CHOM SUN DAVIS, HIS WIFE, DEFENDANT.

Superior Court of New Jersey, Chancery Division Cumberland County.

Decided February 1, 1984.

Attorney(s) appearing for the Case

William M.E. Powers, Jr., for plaintiff.

Linda T. Pirolli, for defendant (Theodore Henry Ritter, attorney).

EDWARD S. MILLER, J.S.C.

This matter is before the court on defendant-mortgagors' motion to dismiss, without prejudice, plaintiff-mortgagee's foreclosure action pursuant to two sections of the Foreign Corporations Chapter of our Business Corporation Act, N.J.S.A. 14A:13-11 and N.J.S.A. 14A:13-20. These sections, respectively, bar the use of New Jersey courts by foreign corporations which have not obtained...

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