People v. Equitable Mutual Fire Insurance
Appellate Division of the Supreme Court of the State of New York
Appeal by the plaintiff, The People of the State of New York, from an order of the Court of Common Pleas for the city and county of New York, entered in the office of the clerk of said court on the 17th day of IVIay, 1895, denying the plaintiff’s application for the appointment of a temporary receiver of the defendant corporation.
1Opinion of the Court
Patterson, J.:
We see no good reason for differing with the court below in its conclusion not to appoint a receiver pendente lite of the defendant corporation. The grounds of the application made by the Attorney-General were that the defendant was insolvent, and unable to pay *86its debts, and had violated various provisions of the laws under which it was incorporated, and of statutes of the State binding upon it, whereby it incurred a forfeiture of its rights and franchises, and became liable to a judgment of dissolution, and the affidavits of Messrs. McCabe and Gordon, upon which the motion was…
2Cited by1 opinion
- Raegener v. McDougallAppellate Division of the Supreme Court of the State of New York · 1898