Jefferson Std. Life Ins. Co. v. King, Ins. Com.

The opinion of the Court was delivered by

Mr. Justice Stabler.

This proceeding is brought by the Jefferson Standard Life Insurance Company, as petitioner, to enjoin the respondent, as insurance commissioner for the State of South Carolina, from collecting the additional 1 per cent, graded license fee provided for by an Act June 16, 1931 (37 St. at Large 390), except as the Act applies to premium collections made from and after June 16, 1931, the date of its approval by the Governor; and to require the commissioner to give credit to the petitioner for all amounts paid as dividends or bonuses to…