People v. Metropolitan Surety Co.

Order affirmed, without costs, the court holding: First, that defendant’s liability must first be determined in the manner prescribed by the United States statute; * second, that at the time of the insolvency of the defendant the claim of the plaintiff had not so far ripened as to entitle the plaintiff to any share in the distribution of its assets. All concurred, except Kellogg, J., dissenting in memorandum.