13 How. Pr. 286 | N.Y. Sup. Ct. | 1856
There is no ground for a bill of foreclosure. The park act, and the proceedings under it, have operated already as a foreclosure and sale. An award was made to the plaintiff by name for the amount of the mortgage. That award, duly confirmed, is, in law, a special judgment, merging the mortgage, and to be enforced as a special judgment.
The old statute, as to public places, was declared to be the law of the new park, except as otherwise provided. I see no inconsistency in making the award payable immediately, so as to draw interest, and yet requiring an application before suit.
No such application having been made, (in addition to the other objections stated,) the suit must be dismissed, as to the city, as premature, with costs.