Com. Ex Rel. v. Consolidated Indem. Ins. Co.

The facts are stated in the opinion by WOODSIDE, J., of the court below, as follows:

This comes before us on exceptions filed by the Superintendent of Insurance of New York as primary receiver of Consolidated Indemnity and Insurance Company and by others to the report of the Insurance Commissioner of Pennsylvania as ancillary receiver of the aforesaid insolvent insurance company.

On May 10, 1934, the Supreme Court of the State of New York directed the Superintendent of Insurance of that State to take possession of the property of Consolidated Indemnity and Insurance Company, a New York…