Standard Printing & Publishing Co. v. Bothwell

The Employers’ Mutual Insurance and Service Company of Maryland, which was incorporated under the laws of this State for the purpose of writing a class of insurance generally called “strike insurance,” began to issue policies in August, 1920, but operated for a period less than a year, when its activities were crippled by a series of strikes and labor difficulties, appearing in different industries throughout the United States, but chiefly in the printing industry.

It was a mutual company and its policy holders and members were subject to an assessment equal to the deposit premium, if such…