State ex rel. People's Fire Ins. v. Michel
Supreme Court of Louisiana
Appeal from Twenty-Second Judicial District Court, Parish of East Baton Rouge; H. F. Brunot, Judge. Mandamus by the State, on the relation of the People’s Fire Insurance Company of New Orleans, against John T. Michel, Secretary of State. Judgment for defendant, and relator appeals.
1Opinion of the CourtLand, J.
Act No. 105, p. 132, of 1898, provided for the organization and operation of state, insurance companies of all kinds. By section 3 companies formed upon the stock plan, for fire insurance, were required to -have a paid-up cash capital of not less than $200,000. Section 5 provided that the capital stock of any stock insurance company thereafter organized shall be paid in cash within 12 months from the date of its charter, and no certificates of full, shares and no policies shall be issued until the whole capital is paid i-n. Under this system no company could obtain a certificate from the…
2Cases cited4 opinions
- Louisiana Navigation & Fisheries Co. v. DoullutSupreme Court of Louisiana · 1905
- State v. HennesseySupreme Court of Louisiana · 1892
- Batt v. City of New OrleansSupreme Court of Louisiana · 1874
- Scovell v. St. Louis Southwestern R.Supreme Court of Louisiana · 1905
3Cited by12 opinions
- Conley v. City of ShreveportSupreme Court of Louisiana · 1949
- State Ex Rel. Porterie v. JonesSupreme Court of Louisiana · 1935
- State Ex Rel. Huggett v. MontgomeryLouisiana Court of Appeal · 1936
- State Ex Rel. Breene v. HowardSupreme Court of Oklahoma · 1918
- Succession of FachanSupreme Court of Louisiana · 1934
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