Legal Opinion

Wright v. Minnesota Mutual Life Insurance

Supreme Court of the United States

Decided April 4, 1904No. 178PublishedCited by 56 opinions

APPEAL FROM THE CIRCUIT COURT -OF THE UNITED STATES FOR THE DISTRICT OF MINNESOTA. This case originated in a bill filed in the Circuit Court seeking to declare a dissolution of the insurance company, the sequestration of its assets, and have a receiver appointed with a view to winding up the affairs- of the association.

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APPEAL FROM THE CIRCUIT COURT -OF THE UNITED STATES FOR THE DISTRICT OF MINNESOTA. This case originated in a bill filed in the Circuit Court seeking to declare a dissolution of the insurance company, the sequestration of its assets, and have a receiver appointed with a view to winding up the affairs- of the association. On the sixth' of August, 1880, an insurance association was organized under the laws of Minnesota, known as the Bankers Association; after-wards, in 1884, its name was changed to the Bankers Life Association of' Minnesota. The general purposes of the association were to secure…

1Opinion of the CourtJustice Day

the court.

This is a bill on the part of two dissatisfied holders of certificates, issued while the company was doing business on the assessment plan, to wind up the affairs and distribute the assets of what appears, so far as the record -discloses, to be a solvent and prosperous mutual insurance company with which others in interest are apparently satisfied. The Federal right alleged to be invaded, and the one" adjudicated upon, which gives a right of direct appeal prosecuted from the decree dismissing the bill to this court, is the constitutional guaranty against the impairment of the…

2Cited by56 opinions

  1. Veix v. Sixth Ward Building & Loan Assn. of NewarkSupreme Court of the United States · 1940
  2. Lord v. Equitable Life Assurance Society of the United StatesNew York Court of Appeals · 1909
  3. Reynolds v. Supreme Council of the Royal ArcanumMassachusetts Supreme Judicial Court · 1906
  4. Wirtz v. Sovereign Camp, W. O. W.Texas Supreme Court · 1925
  5. Polk v. Mutual Reserve Fund Life Assn. of NYSupreme Court of the United States · 1907

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