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ÆTNA INS. CO. v. HYDE

Nos. 962-1116.

34 F.2d 185 (1929)

ÆTNA INS. CO. v. HYDE, State Superintendent of Insurance, et al., and 154 other cases.

District Court, W. D. Missouri.

April 12, 13, 1929.

Attorney(s) appearing for the Case

Robert Follonie, of Chicago, Ill., Ashley Cockrell, of Little Rock, Ark., J. S. Leahy, of St. Louis, Mo., and William S. Hogsett, of Kansas City, Mo., for petitioners.

Floyd E. Jacobs and John T. Barker, both of Kansas City, Mo., and North Todd Gentry, of Columbia, Mo., for defendants.

Before STONE, Circuit Judge, and REEVES and KENNAMER, District Judges.

STONE, Circuit Judge.

Section 6283, Rev. St. Mo. 1919, authorizes the superintendent of insurance of that state to reduce the rates of stock fire insurance companies, whenever the earnings of such companies, for five years, show "an aggregate profit therein in excess of what is reasonable," so as to limit the "aggregate collections by insurance companies in this state to not more than a reasonable profit." Section 6284 provides a review of such orders "by a proper...

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