Atlas Paper Co. v. Seamans
Wisconsin Supreme Court
APPEAL from the Superior Court of Milwaukee County. cited the cases cited by the court in Dewey v. Davis, cmte, p. 500; also Doane v. Millville Ins. Go. 45 N. L Eq. 274; Taylor v. North Star M.. Ins. Go. 46 Minn. 198; White v. Havens, 20 ITow. Pr. 177, 181; State v. Monitor F. Asso. 42 Ohio St. 555.
1Opinion of the CourtLyon, C. J.
This is a claim against the receiver of an insolvent mutual insurance company for an unearned premium, the policy having been determined by operation of law. The case is the same in principle as that of Dewey v. Davis, ante, p. 500. We hold in that case that premium notes in the hands of the receiver could not be assessed to pay unearned premiums. The ruling must be the same in this case. The superior court ordered the receiver to pay the claim out of the assets of the insolvent company, although such assets consisted entirely of premium notes. The order must be reversed, with directions to…
2Cited by3 opinions
- Wilson v. HenryWisconsin Supreme Court · 1874
- In Re Wisconsin Mut. Ins. Co.Wisconsin Supreme Court · 1945
- Cheese Makers Mutual Casualty Co. v. DuelWisconsin Supreme Court · 1945