In Re Proceedings Under the Mortgage Guaranty Corp. Rehabilitation Act Affecting North Jersey Title Insurance

The opinion of the court was delivered by

Bodine, J.

The appeal is from an order entered in the court of chancery, which opinion is reported at 120 N. J. Eq. 148. The order appointed the commissioner of banking and insurance and two other gentlemen trustees for the petitioner, North Jersey Title Insurance Company and its subsidiaries. The order restrained all interested in any way from interferring with the conduct of the business by the trustees. It, of course, stayed the prosecution of all suits, judgments, executions and levies. The petition of the title company, upon which the order was…