Wood v. Standard Mutual Live Stock Insurance Baer's Appeal
Supreme Court of Pennsylvania
Appeal, No. 84, July T., 1892, by Baer & Miller, from decree of C. P. Berks Co., Eq. D., 1889, No. 480, in Aaron B. Wood v. Standard Mutual Live Stock Ins. Co. of Reading, levying an assessment. Petition for order levying insurance assessments.
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Appeal, No. 84, July T., 1892, by Baer & Miller, from decree of C. P. Berks Co., Eq. D., 1889, No. 480, in Aaron B. Wood v. Standard Mutual Live Stock Ins. Co. of Reading, levying an assessment. Petition for order levying insurance assessments. On May 18,1892, policj^ holders petitioned the court setting forth, inter alia, that the liabilities of the company for losses-were $25,000 and the total amount of insurance was $620,000, exclusive of $200,000 insurance illegally canceled by the directors of the company on March 4, 1889, which were liable to assessments, and that an assessment of 15…
1Opinion of the Court
Per Curiam,
In July, 1889, defendant company was declared insolvent and a receiver was appointed. The matter was so proceeded in that, on May 11,1891, the court by its decree directed the receiver to levy an assessment for the purpose of paying the company’s creditors and meeting expenses incident to the receivership. That order was subsequently modified by the decree of January 11, 1892. Baer and Miller, members of the defendant company, appealed ; and in their first specification of error — reciting said decree and modification thereof — they complain that the assessment is so grossly…
2Cited by6 opinions
- Commonwealth Ex Rel. Schnader v. Keystone Indemnity ExchangeSupreme Court of Pennsylvania · 1940
- Stockley v. HartleySuperior Court of Pennsylvania · 1900
- Snader v. BombergerSuperior Court of Pennsylvania · 1902
- Commonwealth ex rel. Woodside v. Seaboard Mutual Casualty Co.Pennsylvania Court of Common Pleas · 1953
- Commonwealth v. Bankers Mutual Fire Insurance, Pennsylvania Court of Common Pleas, Dauphin County1968
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