Sacred Heart Aid Society v. Aetna Casualty & Surety Co.

Plaintiff herein is organized as a non^profit corporation, apparently for the benefit of its members, who pay dues and are entitled, as it is claimed, to sickness and death benefits. During the period in question in this case plaintiff was engaged .in certain business activities from which it received financial returns. Its affairs were handled by duly ■elected officers, and during the 2-year period beginning September 1,1951, the treasurer was Walter ■J. Jachim.

On the 15th of September, 1951, the defendant Aetna Casualty & Surety Company executed its obligation to plaintiff to pay pecuniary…