KRAUS v. MONTICELLO INS. CO.


5 Misc.2d 591 (1957)

Dora Kraus et al., as Executors of Jacob Kraus, Deceased, et al., Plaintiffs, v. Monticello Insurance Company et al., Defendants.

Supreme Court, Special Term, New York County.

January 29, 1957.


Attorney(s) appearing for the Case

Herman Katz for plaintiffs.

Turetzky, Cohen & Rosen for Monticello Insurance Company, defendant.

Lowenstein, Pitcher, Spence, Hotchkiss, Amann & Parr for Royal Insurance Company Limited and another, defendants.


ARON STEUER, J.

This is an application pursuant to subdivision 3 of section 59-a of the Insurance Law which provides that in a suit against a foreign insurance company not licensed to do business in this State that the company as a condition for filing any pleading must deposit with the court cash or securities or a bond, in an amount to be fixed by the court sufficient to secure the payment of any final judgment which may be

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