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IN RE INTERNATIONAL RE-INSURANCE CORPORATION

No. 9, September Session, 1951.

86 A.2d 647 (1952)

In re INTERNATIONAL RE-INSURANCE CORPORATION. Appeal of INSURANCE COMMISSIONER OF PENNSYLVANIA.

Supreme Court of Delaware.

February 26, 1952.

Attorney(s) appearing for the Case

C. Edward Duffy, of Wilmington, for appellant.

Arthur G. Logan, of Logan, Marvel & Boggs, of Wilmington, for receivers of International Re-Insurance Corporation, appellees.

Before SOUTHERLAND, C. J., and TUNNELL and LAYTON, JJ.

SOUTHERLAND, Chief Justice.

The Insurance Commissioner of Pennsylvania, as Statutory Liquidator of the business and affairs of Keystone Indemnity Exchange, a reciprocal insurance exchange under the laws of Pennsylvania, filed in the receivership of International Re-Insurance Corporation in the court below a creditor's claim based upon a contract dated August 15, 1930, insuring the subscribers of the Exchange, in an amount...

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