Ward v. Farwell

The Republic Life Insurance Company, of Chicago, was incorporated by a special act of the legislature, approved March 27,1869, and, by the terms of its charter, was to have a corporate existence for a period of fifty years.

It was authorized upon its organization, as therein provided, to do a general life insurance business, and, generally, to exercise the usual powers and privileges possessed by other companies in that kind of business. The company ivas duly organized during the same year, but no business seems to have been done by it until the spring of the following year, when its capital…