Legal Opinion
First State Life Insurance Investors v. 20th Century Corp.
District Court, D. Delaware
Decided December 30, 1969No. Civ. A. No. 3645PublishedCited by 1 opinion
1Opinion of the Court
OPINION
LAYTON, District Judge.
The opinion of this Court dated December 16, 1969, was withdrawn by order dated December 30, 1969, and this opinion is herewith substituted in lieu there-cf.
Plaintiff, First State Life Insurance Investors, Inc. (Investors) caused the organization of First State Life Insurance Company of America (First State Life) for the purpose of the latter engaging in the business of selling life insurance.
Investors attempted to raise the necessary funds ($150,000) needed to obtain a certificate of authority for First State Life to do business in Delaware from the sale of its…
2Cases cited3 opinions
- Harvey Aluminum, Inc. v. American Cyanamid Co.Court of Appeals for the Second Circuit · 1953
- Elster v. American Airlines, Inc.Court of Chancery of Delaware · 1954
- Elster v. American AirlinesCourt of Chancery of Delaware · 1954
3Cited by1 opinion
- Capshaw v. Smith Estates, Inc.District Court, D. Delaware · 1976