Benson v. Columbia Life Insurance

This matter came on to be heard on the motion of plaintiffs for the appointment of a receiver. The petition is voluminous, and the charges that are made .the basis of this action cover some twenty pages of typewritten matter. Plaintiffs represent some thirty shares, as against seventeen hundred shares of stock, and they likewise hold $27,500 worth of life insurance as against some _ $4,600,000 now outstanding. Plaintiffs claim they sue on behalf of themselves and all other stockholders, policy-holders and creditors, although it is not evident to the court that any stock-holder, policy-holder…