State ex rel. Williams v. Cosmopolitan Insurance

Carl Wright, doing business as Ardmore Insurance Agency, Ardmore, Tennessee, was acting as a general agent of Cosmopolitan Insurance Company, a corporation organized and existing under the laws of the State of Illinois with its principal office and place of business in Chicago, Illinois, when, on April 19, 1963, he was notified by wire, by the Director of Insurance of the State of Illinois, that all agents of said insurance company had been enjoined from disposing of the company’s assets by the Circuit Court of Cook County, Illinois.

On July 10, 1962 said insurance company was licensed to…