Attorney-General v. North American Life Insurance
New York Court of Appeals
Appeal by the superintendent of the insurance department from an order of the General Term of the Supreme Court, in the third judicial department, affirming an order of Special Term which directed the issuing of a peremptory writ of mandamus requiring him to pay over to Henry R. Pierson the receiver of the North American Life Insurance Company the proceeds of the sales and conversions of securities deposited by said company with the superintendent, to secure registered…
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Appeal by the superintendent of the insurance department from an order of the General Term of the Supreme Court, in the third judicial department, affirming an order of Special Term which directed the issuing of a peremptory writ of mandamus requiring him to pay over to Henry R. Pierson the receiver of the North American Life Insurance Company the proceeds of the sales and conversions of securities deposited by said company with the superintendent, to secure registered policies, under and in pursuance of the act chapter 902, Laws of 1869. The facts are sufficiently stated in the. opinion. The…
1Opinion of the CourtAndrews, J.
On the 18th day of March, 1877, by a decree of the Supreme Court, made on the application of the attorney-general, Henry E. Pierson was appointed receiver of The North American Life Insurance Company, a registered poli# company, pursuant to the act chapter 902, of the Laws of 1869. The receiver filed a bond for the faithful performance of his duties in the penalty of $100,000, as required by the seventh section of the act. Immediately thereafter, pursuant to the eighth section of the act, he appointed an actuary approved by the superintendent of the insurance department, who duly made an…
2Cited by2 opinions
- Attorney-General v. North American Life InsuranceNew York Court of Appeals · 1882
- McMurray v. CommonwealthMassachusetts Supreme Judicial Court · 1924