Feldman v. Keene

SHINN, P. J.—

E. Feldman, as assignee of Holmgren and Sawyer, appeals from an order in a receivership proceeding holding invalid an attachment lien on the property of Surety Land Title Co., Inc., a corporation. The corporation, to be referred to as Surety, was engaged in the business of escrow agent under the “Escrow Law,” (Fin. Code, div. 6), subject to the supervision of the Commissioner of Corporations. March 5, 1959, the Commissioner, pursuant to section 17415 of the Financial Code (as it then read), issued an order to Surety to discontinue escrow activities with respect to new escrow…