Matter of Att'y-Gen'l v. . North Am. L. Ins. Co.

On the 18th day of March, 1877, by a decree of the Supreme Court, made on the application of the attorney-general, Henry R. Pierson was appointed receiver of The North American Life Insurance Company, a registered policy company, pursuant to the act chapter 902, of the Laws of 1869. The receiver filed a bond for the faithful performance of his duties in the penalty of $100,000, as required by the seventh section of the act. Immediately thereafter, pursuant to the eighth section of the act, he appointed an actuary approved by the superintendent of the insurance department, who duly made an…