Beatty v. Paterson-Garfield-Lodi Bus Co.

Complainant, receiver of the Jersey Mutual Casualty Insurance Company, is the holder of a judgment for $1,623.15 against the Paterson-Garfield-Lodi Bus Co., Inc. The judgment debtor operated its buses in and about the city of Paterson, and from January 21st, 1928, to June 27th, 1928, it insured its buses with the Jersey Mutual Casualty Insurance Company, rendering the bus company contingently liable to an assessment under such insurance policy. Lincoln Bus Co. v. Jersey Mutual Casualty InsuranceCo., 112 N.J. Eq. 538; 165 Atl. Rep. 112. The insurance company having become defunct, the receiver…