North River Ins. v. Walker

REEVES, District Judge.

The appellee, as plaintiff in the trial court, recovered judgment against the appellant, as defendant, in the aggregate sum of $67,205.-91, and defendant has appealed.

Accepting the designations made by counsel, in this opinion the defendant-appellant will be referred to as the North River, the plaintiff-appellee as the receiver, and his trust as the Home.

The suit was for the recovery of accrued and unpaid losses under a reinsurance arrangement' or compact between the North Riv*117er and the Home in the sum of $25,311.74 and for the unearned premiums on canceled policies in…