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Matter of People

Appellate Division of the Supreme Court of New York, Second Department
Jun 1, 1936
248 App. Div. 778 (N.Y. App. Div. 1936)

Opinion

June, 1936.

Appeal from Kings County.

Present — Lazansky, P.J., Hagarty, Davis, Adel and Taylor, JJ.


The first order entered was a final order in the proceeding. It approved the fairness of the plan of reorganization of the certificated mortgage in suit and, in opposition to the Commission's application to be designated agent to service the mortgage, appointed the Bond and Mortgage Guarantee Corporation such servicing agent. The second order denied leave to reopen the proceeding for the purpose of introducing additional proof. Final order in so far as an appeal is taken therefrom, and order denying motion for leave to reopen the proceeding, unanimously affirmed, with costs. The fairness of the entire plan promulgated had to be passed upon by the court; and the statutes impose no restriction on the portion of the plan necessitating the selection of the agent to service the mortgage.


Summaries of

Matter of People

Appellate Division of the Supreme Court of New York, Second Department
Jun 1, 1936
248 App. Div. 778 (N.Y. App. Div. 1936)
Case details for

Matter of People

Case Details

Full title:In the Matter of the Application of THE PEOPLE OF THE STATE OF NEW YORK…

Court:Appellate Division of the Supreme Court of New York, Second Department

Date published: Jun 1, 1936

Citations

248 App. Div. 778 (N.Y. App. Div. 1936)