Emdee Management Corp. v. Kaufman

Memorandum by the Court. Submission of a controversy upon an agreed statement of facts pursuant to sections 546-548 of the Civil Practice Act. The question involved is whether interest currently payable on defendants’ past due mortgage shall be at the rate of 6%, as contended by defendants, or 4%%, as contended by plaintiff.

Judgment directed in favor of plaintiff, with costs. (Brighton Operating Corp. v. Morrison, 291 N. Y. 6.)