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In re The People

251 A.D. 864 Court N.Y. App. Div. Decision date 1937-06-25 English

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p. 864
In the Matter of the Application of The People of the State of New York, by George S. Van Schaick, Superintendent of Insurance of the State of New York, for an Order to Take Possession of the Property of and Rehabilitate the Bond and Mortgage Guarantee Company. Plan No. 417. In the Matter of a Plan of Readjustment, etc., of the Rights of the Holders of Mortgage Investments in a Certain Mortgage Covering Premises Located at 1271 Fulton Avenue, County of Bronx, City and State of New York, Guaranteed by Bond and Mortgage Guarantee Company, Guarantee No. 212,356. George Sardou, Appellant; Charles F. Neergaard, Trustee, Respondent.

Order approving an offer to purchase a mortgage and directing the trustee thereof, who was appointed pursuant to a plan of reorganization, to accept said offer, affirmed, with ten dollars costs and disbursements. No opinion. Lazansky, P. J., Hagarty, Davis, Johnston and Close, JJ., concur.