State v. Mercantile Guaranty Co.

This is a proceeding involving the voluntary dissolution of Mercantile Guaranty Company (hereinafter referred to as “Mercantile”), a Delaware corporation doing business in California. This court in a former opinion in this case held that the State of California (hereinafter referred to as “State”) could intervene in the case and that the superior court had jurisdiction over the dissolution proceedings. (In re Mercantile Guaranty Co., 238 Cal.App.2d 426 [48 Cal.Rptr. 589, 19 A.L.R.3d 1267].) Subsequently Mercantile requested the clerk of the court to enter dismissal of this action. State filed…