Appellate Division of the Supreme Court of the State of New York October 14, 1938 (Citizens Savings Bank v. 1722 Caton Avenue Corp.)

In an action of foreclosure it appeared that two mortgages were given by different parties in 1923, and were assigned to the plaintiff in 1928, at which time it appears they were consolidated in one mortgage of $80,000, with interest at five and one-half per cent, and the time of payment extended until May 15, 1933.