In re People of New York

This is a motion by the City Bank Farmers Trust Company (hereinafter referred to as the “petitioner”), to compel the Superintendent of Insurance, as rehabilitator of Lawyers Title and Guaranty Company (hereinafter termed the “ company ”), (1) to elect as to whether he intends to adopt or reject a contract entered into between petitioner and the company guaranteeing payment of a bond and mortgage owned by petitioner, and (2) to pay over to petitioner all rents collected by the company from the owner of the mortgaged property.

Petitioner owns three bonds and mortgages covering property at 2-26…