State ex rel. Jenkins v. Equitable Indemnity Ass'n

The opinion of the court was delivered by

Gordon, J.

This action was instituted by the state on the relation of the secretary of state for the purposes of the appointment of a receiver and the winding up of the affairs of the appellant corporation. The appellant is a corporation of this state, and prior to the institution of this action the secretary of state, as ex officio insurance commissioner, had revoked its certificate of authority te do *515business, pursuant to section 9, cb. 82, Session Laws 1895, p. 154 (Bal. Code, § 2813). Tbe company has appealed from a decree dissolving tbe corporation…