Case Name: In the Matter of the Application of the People of the State of New York, by Albert Conway, Superintendent of Insurance of the State of New York, Petitioner, for an Order to Take Possession of the Property and Liquidate the Business and Affairs of the Landlord-Taxpayers' Assn., Inc., Respondent
Court: New York Supreme Court
Jurisdiction: New York
Decision Date: 1929-07-02
Citations: 134 Misc. 533
Docket Number: 
Parties: In the Matter of the Application of the People of the State of New York, by Albert Conway, Superintendent of Insurance of the State of New York, Petitioner, for an Order to Take Possession of the Property and Liquidate the Business and Affairs of the Landlord-Taxpayers’ Assn., Inc., Respondent.
Judges: 
Reporter: New York Miscellaneous Reports
Volume: 134
Pages: 533–534

Head Matter:
In the Matter of the Application of the People of the State of New York, by Albert Conway, Superintendent of Insurance of the State of New York, Petitioner, for an Order to Take Possession of the Property and Liquidate the Business and Affairs of the Landlord-Taxpayers’ Assn., Inc., Respondent.
Supreme Court, Bronx County,
July 2, 1929.
Hamilton Ward, Attorney-General [John Downes of counsel], for the petitioner.
Irving Fellerman, for the respondent.

Opinion:
Tierney, J.
The Landlord-Taxpayers Association, Inc., was incorporated under article 2 of the Membership Corporations Law. In violation of the statutes of this State and in violation of its charter said association is doing and representing that it is doing the business of insurance in the State of New York. It is conducting such business without a license from the Superintendent of Insurance. It appears that the association is insolvent. For these reasons the Superintendent of Insurance of the State of New York is now applying to liquidate the association pursuant to section 63 of the Insurance Law, as amended. The charges made by the Superintendent of Insurance are not denied by the association. The sole ground of opposition is that there has not been a hearing pursuant to section 39 of the Insurance Law (as amd. by Laws of 1923, chap. 443). That section does not apply, as it appears that this motion is made pursuant to section 63, which is not limited by any other section of the Insurance Law. The motion is granted in all respects. Settle order.
See, also, Membership Corporations Law of 1926 (Laws of 1926, chap. 722).— [Rep.