Document: 339 U.S. 841 70 S.Ct. 903 94 L.Ed. 1323 LYON, Superintendent of Banks New Yorkv.SINGER. SINGER v. YOKOHAMA SPECIE BANK, LIMITED, et al. York, BANQUE MELLIE IRAN. IRAN York. Nos. 512, 527, 513, 528. Argued April 18—19, 1950. Decided June 5, Mr. Albert R. Connelly, York City, for Singer. Edward Feldman, Lyon, Banks, etc., Allen T. Klots, Banque Mellie Iran. James L. Morrisson, Washington D.C., the United States, as amicus curiae by Special leave Court. PER CURIAM. 1 Certiorari was granted in these cases to review federal issues respecting administration frozen alien property. 902, 909, 517, 518, 567, 569. 2 The arose from suits brought claimants Singer and Iran collect a statutory bank liquidator claims allegedly entitled preference under Banking Law, McK.Consol. Laws, c. 2, § 606, arising transactions with Japanese corporation, blocked Executive Orders 8389, 5 Fed.Reg. 1400; 8832, 6 3715, 12 U.S.C.A. 95a note. Court Appeals held that gave rise preferred claim liquidation but payment must await specific licensing Alien Property Custodian underlying claims. Yokohama Specie Bank, Ltd., 293 N.Y. 542, 58 N.E.2d 726; Id., 299 113, 85 894; 139, 906. 3 Those opposed judgments urge that, matter law, freezing order prevented creation any recognizable 606 Law. 4 Oral argument study record have convinced us are not inconsistent First War Powers Act 1941, 301, 55 Stat. 839, 50 U.S.C.A.Appendix, 616, or above Orders. We accept court's determination law were preference. Since court conditioned enforcement upon Custodian, control over property remains undiminished. Our decision Propper Clark, 337 472, 69 1333, 93 1480, does require contrary conclusion. There claimed title assets adversely sought deny Custodian's paramount power vest States. No such result follows present cases. we further agree at time entered, no licenses had been issued claimants, affirm below. Affirmed. 7 Justice FRANKFURTER is opinion since question 513 528 has eliminated license Director, Office Property, jurisdiction this Therefore, writs certiorari two should be dismissed.

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