People ex rel. Palmer v. Central Mutual Insurance

Central Mutual Insurance Company of Chicago, defendant, seeks the reversal of an order entered in the circuit court approving the receiver’s first report and account in an insurance liquidation proceeding filed by the director of insurance of the State of Illinois.

It appears that on January 8, 1937, the attorney general, at the request of Ernest Palmer, director of insurance, filed a petition in the circuit court, pursuant to an act in relation to delinquent insurance companies, approved June 26, 1925, in force July 1,1925, and subsequent amendments thereto (par. 105, ch. 73, Ill. State Bar…