In re the Rehabilitation of Lawyers Mortgage Co.

Appellate Division of the Supreme Court of New York

In re the Rehabilitation of Lawyers Mortgage Co.

251 A.D. 848, 298 N.Y.S. 486, 1937 N.Y. App. Div. LEXIS 7940

Appellate Division of the Supreme Court of the State of New York·Decided June 18, 1937·Published

Opinion

Final order approving, as modified, a plan by promulgating certificate holders providing for the reorganization of the rights of the holders of mortgage investments represented by guaranteed mortgage participation certificates, affirmed, with ten dollars costs and disbursements. In our opinion, the appointment of a trustee selected by the court is not an improper exercise of the court’s discretion. Lazansky, P. J., Hagarty, Davis, Johnston and Close, JJ., concur.

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Final order approving, as modified, a plan by promulgating certificate holders providing for the reorganization of the rights of the holders of mortgage investments represented by guaranteed mortgage participation certificates, affirmed, with ten dollars costs and disbursements. In our opinion, the appointment of a trustee selected by the court is not an improper exercise of the court’s discretion. Lazansky, P. J., Hagarty, Davis, Johnston and Close, JJ., concur.

In re the Rehabilitation of Lawyers Mortgage Co., 251 A.D. 848, 298 N.Y.S. 486, 1937 N.Y. App. Div. LEXIS 7940 (N.Y. Ct. App. 1937).

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251 A.D. 848 (In re the Rehabilitation of Lawyers Mortgage Co.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.