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NEBLETT v. CARPENTER

No. 21.

305 U.S. 297 (1938)

NEBLETT ET AL. v. CARPENTER, INSURANCE COMMISSIONER, ET AL.

Supreme Court of United States.

Decided December 5, 1938.

Attorney(s) appearing for the Case

Mr. Wm. H. Neblett, with whom Messrs. R. Dean Warner and Vernon Bettin were on the brief, for petitioners.

Mr. Wm. Marshall Bullitt and Miss Hester W. Webb, with whom Messrs. U.S. Webb, Attorney General of California, and Perry Price were on the brief, for respondents.

Messrs. T.B. Cosgrove, John N. Cramer, Josiah E. Brill, George I. Cochran, and H.S. Dottenheim were on several briefs for individual respondents.

MR. JUSTICE ROBERTS delivered the opinion of the Court.

The questions raised are whether proceedings for the rehabilitation of an insurance company, pursuant to the Insurance Code of California,1 unconstitutionally deprive policy holders of their property without due process of law, or impair the obligation of their contracts.2

For many years the Pacific Mutual Life Insurance Company of California has...

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