Hamberg v. Guaranteed Mortgage Co.
New York Supreme Court
1Opinion of the CourtWalter, J.
Guaranteed Mortgage Company of New York was incorporated under the Banking Law of New York and engaged *279in the business of selling to the public guaranteed mortgages and guaranteed mortgage participation certificates, i. e., the whole of and part interests in mortgages on real estate, the payment of the principal and interest of which it guaranteed. It is not shown that it ever engaged in any other business. On December 31, 1934, the Superintendent of Banks of New York took possession of its business and property and then proceeded with the liquidation thereof. Notice was given to creditors to…
2Cases cited51 opinions
- Waterman v. Canal-Louisiana Bank & Trust Co.Supreme Court of the United States · 1909
- United States v. Bank of New York & Trust Co.Supreme Court of the United States · 1936
- Riehle v. MargoliesSupreme Court of the United States · 1929
- Carpenter v. Wabash Railway Co.Supreme Court of the United States · 1940
- Matter of Cavin v. . GleasonNew York Court of Appeals · 1887
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3Cited by2 opinions
- Texas Commerce Bank v. GaramendiCalifornia Court of Appeal · 1992
- BNP Paribas v. Olsen's Mill, Inc.Wisconsin Supreme Court · 2011