Case ID: nys_156/html/1140-17.html
Source: Caselaw Access Project
Author: {"author": "", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

In re PEOPLE’S SURETY CO. OF NEW YORK.
    (Supreme Court, Appellate Division, Second Department.
    December 10, 1915.)
   In the matter of the voluntary dissolution of the People’s Surety Company of New York. No opinion. The obligation of the surety continued at least until the discharge of the bond in 1915, unless discharged in the course of the liquidation of the company. Meantime the surety was entitled to the annual premiums. The return of the collateral should be conditioned upon the payment of the premiums, the due amount whereof can be ascertained by the Special Term. Order (82 Misc. Rep. 518, 144 N. Y. Supp. 181) reversed without costs, and motion remitted to the Special Term for the purpose stated.