In re Lawyers Mortgage Co.

This is a proceeding under the Mortgage Commission Act (Laws of 1935, chap. 19, as amd.) for the reorganization of the rights of holders of certificates in a mortgage guaranteed by Lawyers Mortgage Company covering premises at 31-33 East Twenty-seventh street, borough of Manhattan, New York city. The plan calls for the appointment of a trustee by the court, and as the only dissenter owns less than one-third, in principal amount, of the outstanding certificates, the plan will be approved. The motion to consolidate this proceeding with one previously brought under the Schackno Act (Laws of…