Relief Assn. v. Assur. Soc.

The policy sued upon is a New York contract. Appellant is a mutual life insurance company domiciled in New York and appellee was a member of such mutual society.

The question at issue is whether under the policy and Section 83 of the New York Insurance Law appellant apportioned what is called the "divisible surplus" equitably during the term or terms of appellee's policy.

The first question for us to decide is whether the issues in this case require the exercise of visitorial powers over a foreign corporation. In other words, is the judgment in this case an interference with the management of…