Rundle v. Kennan
Wisconsin Supreme Court
APPEAL from the Superior Court of Milwaukee County. In an action brought by the plaintiffs and respondents to wind up the affairs of the Manufacturers’ Mutual Fire Insurance Company of Milwaukee as an insolvent corporation, the appellant Kenncm was appointed receiver.
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APPEAL from the Superior Court of Milwaukee County. In an action brought by the plaintiffs and respondents to wind up the affairs of the Manufacturers’ Mutual Fire Insurance Company of Milwaukee as an insolvent corporation, the appellant Kenncm was appointed receiver. A claim having been filed for a loss under a policy issued by the company on an all-cash premium plan, without mutual provisions, and without requiring or receiving from the assured any premium note or obligation to pay their pro reda share of expenses and losses, the receiver moved to strike out such claim, on the ground that…
1Opinion of the CourtCole, C. J.
The single question presented on this appeal is whether the policy of insurance issued by the Manufacturers’ Mutual Fire Insurance Company was -valid and binding on the company. If it was, the order of the superior court must be affirmed, because there was a valid claim founded on the policy against the company which the receiver represents.
The company was organized under sections 1941«-1941y, S. & B. Ann. Stats., as a mutual insurance corporation. It is admitted that the company never complied with ch. 5, Laws of 1887, so as to have the right to issue policies as a stock company, where the…
2Cases cited2 opinions
- Union Insurance v. HogeSupreme Court of the United States · 1859
- Mygatt v. . New York Protection Insurance CompanyNew York Court of Appeals · 1860
3Cited by7 opinions
- Davis v. Parcher & J. & A. Stewart Co.Wisconsin Supreme Court · 1892
- Kennan v. RundleWisconsin Supreme Court · 1892
- Swing v. Karges Furniture Co.Missouri Court of Appeals · 1907
- Ely v. Oakland Circuit JudgeMichigan Supreme Court · 1910
- Southern Mutual Aid Ass'n v. BoydSupreme Court of Alabama · 1906
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