Daly v. National Life Insurance Co. of United States

Dissenting Opinion.

Biddle, J.

I can not concur with my brother judges in holding that “ The National Life Insurance Company of the United States of America,” created by an act of Congress, is aforeigu corporation, within the meaning of the acts of the General Assembly of this State.

I do not discuss the power of Congress to incorporate an insurance company ; there is no such question before us. The corporation exists ; the appellants have recognized it by contracting with it, and have not denied its existence. Their answers admit its existence and validity. Indeed, its validity can only be…