Aetna, C., Co. v. International, C., Corp.

Liberty Surety Bond Insurance Company (hereinafter called the "Liberty"), a New Jersey insurance company, deposited with the commissioner of banking and insurance real estate bonds and mortgages aggregating $110,000 face value, pursuant to section 10 of the Insurance Company act, "for the benefit and security of all the policy holders of the company depositing the same."

After having carried on an insurance business for some years, it undertook a voluntary dissolution. Complainant (hereinafter called the "Aetna") having incurred loss covered by a contract of insurance between it and the…