Rosenbaum v. Tobler

31 A.D. 312 | N.Y. App. Div. | 1898

Order affirmed, with ten dollars costs and disbursements, on opinion of Stoveb, J., in the court below.

Present — Van Bbunt, P. J., Rumsey, Pattebson and Ingbaham, JJ.

The following is the opinion of Stoveb, J.:

Stover, J.:

The application is to fix security under section 1331 of the Code, and, upon the fixing of the amount thereof, that a stay be granted. The action is one of foreclosure, and judgment of foreclosure and sale has been perfected in favor of the plaintiff. The appeal is taken by a party who is neither in possession of the premises nor against whom a judgment of deficiency is awarded by the judgment. 1 think section 1331 applies only to the class of persons therein named, viz., those who are in possession of the property or against whom a judgment of deficiency is awarded by the judgment, and in those cases the court should fix the amount not exceeding which they should be liable upon the undertaking. The defendants here, I think, are in no position to avail themselves of the provisions of that section, but if a stay is desired it should rather be applied for under sections 1351 and 1352. It would be idle to require the defendants who appeal herein to give an undertaking that, “ while in possession,” they will not suffer or permit any waste of the premises, and there can be no adequate protection for the plaintiff in the action except under the general provisions of sections 1351 and 1352. The order, therefore, may provide for a stay, upon the defendants filing an undertaking, with two sureties, in the sum of $5,000, to the effect that if the judgment is affirmed or the appeal is dismissed the appellants will pay any deficiency which may occur upon the sale, with interest and costs, and all expenses chargeable against the proceeds of the sale, and all costs and damages which may be awarded against them on appeal; such undertaking to be approved by the court and duly filed, and a copy thereof, with notice of filing, served on the respondent’s attorney, on or before April thirteenth.

Order signed.