Legal Opinion

In re the Liquidation of New York Title & Mortgage Co.

Appellate Division of the Supreme Court of the State of New York

Decided June 18, 1937Published

1Dissent

Townley, J. (dissenting).

These appeals involve a determination for the guidance of the Superintendent of Insurance (hereinafter called the Superintendent) of what method shall be adopted in valuing the security underlying certain guaranties made by the New York Title and Mortgage Company (hereinafter called the mortgage company). The guaranties were given as a part of its business of selling guaranteed mortgages or participations in such mortgages. The mortgage company was placed in liquidation under an order of July 15,1935. It had been in rehabilitation since August 4, 1933. As of December…

Also in this document: Concurrence.

2Cases cited6 opinions

Wheeler v. . NewbouldNew York Court of Appeals · 1857
Moran v. . Standard Oil Co.New York Court of Appeals · 1914
Klinke v. SamuelsNew York Court of Appeals · 1934
D. S. Stern & Co. v. PizitzAppellate Division of the Supreme Court of the State of New York · 1934
In Re the Rehabilitation of Bond & Mortgage Guarantee Co.New York Court of Appeals · 1936

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