State Codes and Statutes

Statutes > New-jersey > Title-2a > Section-2a-57 > 2a-57-2

2A:57-2.  Mortgagee or lien holder as party;  determination and payment of claims
    Any mortgagee or any judgment creditor having a lien upon the land upon which more than one-half of a partition wall is erected may be made party to a proceeding brought pursuant to the provisions of this chapter.

    If any such persons, having been made parties to the proceeding, shall fail  to appear, answer and prove their claims, they shall be bound by any judgment  made in the proceeding.  If, however, they shall appear, answer and prove their  claims and demand payment thereof from the gross sum awarded under authority of  section 2A:57-1 of this title, the same shall be paid to them in the order of  their priority, and the amounts so paid shall be deducted from their respective  claims.
 
L.1951 (1st SS), c.344.

State Codes and Statutes

Statutes > New-jersey > Title-2a > Section-2a-57 > 2a-57-2

2A:57-2.  Mortgagee or lien holder as party;  determination and payment of claims
    Any mortgagee or any judgment creditor having a lien upon the land upon which more than one-half of a partition wall is erected may be made party to a proceeding brought pursuant to the provisions of this chapter.

    If any such persons, having been made parties to the proceeding, shall fail  to appear, answer and prove their claims, they shall be bound by any judgment  made in the proceeding.  If, however, they shall appear, answer and prove their  claims and demand payment thereof from the gross sum awarded under authority of  section 2A:57-1 of this title, the same shall be paid to them in the order of  their priority, and the amounts so paid shall be deducted from their respective  claims.
 
L.1951 (1st SS), c.344.

State Codes and Statutes

State Codes and Statutes

Statutes > New-jersey > Title-2a > Section-2a-57 > 2a-57-2

2A:57-2.  Mortgagee or lien holder as party;  determination and payment of claims
    Any mortgagee or any judgment creditor having a lien upon the land upon which more than one-half of a partition wall is erected may be made party to a proceeding brought pursuant to the provisions of this chapter.

    If any such persons, having been made parties to the proceeding, shall fail  to appear, answer and prove their claims, they shall be bound by any judgment  made in the proceeding.  If, however, they shall appear, answer and prove their  claims and demand payment thereof from the gross sum awarded under authority of  section 2A:57-1 of this title, the same shall be paid to them in the order of  their priority, and the amounts so paid shall be deducted from their respective  claims.
 
L.1951 (1st SS), c.344.