New York Court of Appeals

In the Matter of the Application of the People of the State of New York, by George S. Van Schaick, as Superintendent…

March 20, 1934264 N.Y. 69

Summary

The New York Court of Appeals affirmed the orders authorizing the Superintendent of Insurance to administer the mortgage investments of the insolvent Title & Mortgage Guarantee Company, holding that the statutes underpinning those orders are constitutional under the Contracts Clause and the Due Process Clause.