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

This is an application by the creditors’ committee of New York Title and Mortgage Company for leave to intervene in the proceeding for the liquidation of said company and for permission to submit to the court and to all parties in interest a proposed plan of liquidation and reorganization. The petitioners ask that the court take jurisdiction over the committee and the plan and that hearings be held before a referee or otherwise on the question of the fairness of the plan, at which any creditor or stockholder may be heard.

The most important asset now in the possession of the liquidator is the…