Bankers' Life Insurance v. Howland
Supreme Court of Vermont
Petition eor Mandamus brought to the Supreme Court for Washington County and heard on petition, answer, depositions and stipulations at the October Term, 1900. The scope of the testimony and of the matter referred to by stipulation appears from the opinion.
1Opinion of the CourtTaft, C. J.
In February, 1900, the Bankers’ Fife Insurance Company of New York applied to the Insurance Commissioners of Vermont for a license to do business therein. Such license was refused and the Company bring their petition for a mandamus to order and direct the commissioners to issue such license. A foreign joint stock life insurance company cannot do business in this state unless it has paid up capital invested in securities readily convertible into cash of at least one hundred thousand dollars, not less than one-half of which is invested in cash securities other than mortgages of real estate; nor…
2Cases cited3 opinions
- Free Press Ass'n v. NicholsSupreme Court of Vermont · 1872
- Sabine v. RoundsSupreme Court of Vermont · 1877
- Peck v. PowellSupreme Court of Vermont · 1890
3Cited by11 opinions
- Mutual Benefit Life Ins. v. HeroldDistrict Court, D. New Jersey · 1912
- Doty v. American National Insurance Co.Supreme Court of Missouri · 1942
- Sanborn v. WeirSupreme Court of Vermont · 1921
- Corcoran v. Village of BenningtonSupreme Court of Vermont · 1970
- Barber v. ChaseSupreme Court of Vermont · 1928
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