Bankers' Life & Loan Ass'n v. Cremona

BOND, Justice.

On November 9, 1933, appellee, Tony Crem-ona, instituted suit against the Bankers’ Life & Loan Association, appellant, on an alleged certificate of insurance, asked for the appointment of a receiver to take charge of appellant’s affairs and to subject its properties to an administration by the court. On the same day, without notice to or citation upon appellant, or its managing officials, the court appointed E. P. Bryant, with plenary powers incident to such appointment. This is a direct appeal from such appointing order.

The petition discloses that appellant has no permit, under…