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MATTER OF PEOPLE (INT'L WORKERS ORDER)

199 Misc. 941 (1951)

In the Matter of The People of the State of New York, by Alfred J. Bohlinger, as Superintendent of Insurance of The State of New York, Petitioner. International Workers Order, Inc., Respondent; Herman A. Seligson et al., for The International Workers Order Policyholders Protective Committee, Interveners.

Supreme Court, Special Term, New York County.

June 25, 1951.

Attorney(s) appearing for the Case

Nathaniel L. Goldstein, Attorney-General (Paul W. Williams of counsel), and James B. Henry, Jr., for petitioner.

Raphael H. Weissman, Frank Donner and Arthur Kinoy for respondent.

Milton H. Friedman and Thomas Russell Jones for interveners.

GREENBERG, J.

The Superintendent of Insurance of the State of New York on December 18, 1950, applied to this court for an order to show cause which would direct him to liquidate the business and dissolve the corporate existence of the International Workers Order, Inc., a corporation organized as a fraternal benefit society under the Insurance Law of the State of New York and transacting business under article...

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