In Re the Rehabilitation of Bond & Mortgage Guarantee Co.

Crane, Ch. J.

The questions which have been certified to us, in my judgment should not be answered, as the litigation is academic; in other words, there is no present issue to be decided. The Bond and Mortgage Guarantee Company at the time of these orders was in rehabilitation, not in liquidation- — -there is a marked distinction. In rehabilitation there are no claims to be presented and allowed; in liquidation, claims liquidated or contingent must be presented within a certain designated time. The. case Matter of New York Title & Mortgage Co. (decided at Special Term, New York county, June…