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In re a Proposal or Plan by Mortgage Commission

258 A.D. 902 Court N.Y. App. Div. Decision date 1939-12-11 English

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p. 902
In the Matter of a Proposal or Plan by Mortgage Commission of the State of New York to Exercise Certain of Its Limited Powers with Respect to a Mortgage Covering Premises Known as Lido Club Hotel, at Reynolds Channel, on the Island of Long Beach, County of Nassau, State of New York, Securing Mortgage Investments Guaranteed by Bond and Mortgage Guarantee Company and Designated as Guarantee No. 180,577. Joseph W. Beldon and Others, a Committee of Certificate Holders, Appellants; Mortgage Commission of the State of New York, The Mortgage Corporation of New York and Others, Respondents; Benjamin Stolitzky and Others, Interested Parties Below.

Order approving a plan of reorganization under the Mortgage Commission Act (Laws of 1935, chap. 19, as amended), in so far as appealed from, affirmed, with ten dollars costs and disbursements. No opinion. Lazansky, P. J., Carswell, Johnston, Adel and Close, JJ., concur.