New York Court of Appeals

Jacob K. Lockman v. Thomas J. Reilly, Respondent

February 26, 188495 N.Y. 64

Summary

The New York Court of Appeals affirmed the Special Term judgment, holding that the plaintiff's title to the foreclosed property was valid and that the omission of the will beneficiaries as parties did not invalidate the foreclosure. It further held that land purchased by executors in a foreclosure is treated as personal property, which they may sell and are accountable for, and that the beneficiaries have no direct interest in such land.