IN RE MADISON MORTGAGE CORPORATION


22 F.Supp. 99 (1937)

In re MADISON MORTGAGE CORPORATION.

District Court, S. D. New York.

August 28, 1937.


Attorney(s) appearing for the Case

Otterbourg, Steindler & Houston, of New York City (Edwin M. Otterbourg and Arnold A. Jaffe, both of New York City, of counsel), for trustee.

Ralph E. Cramp, of New York City (Samuel Boksenbom, of New York City, of counsel), for Superintendent of Insurance of State of New York.


PATTERSON, District Judge.

The application is for an order restraining the New York Superintendent of Insurance from proceeding with the liquidation of a company organized under the insurance laws of New York.

It appears that a proceeding for reorganization of Madison Mortgage Corporation was commenced in this court on January 7, 1936. The principal asset of the estate is the entire capital stock of Equitable Mortgage & Title Guarantee Company, a company...

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