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THACHER v. H. C. BALDWIN AGENCY, INC.

No. 12962.

283 F.2d 857 (1960)

Thomas THACHER, Superintendent of Insurance for the State of New York as Statutory Liquidator of The Preferred Accident Insurance Company of New York, Plaintiff-Appellee, v. H. C. BALDWIN AGENCY, INC., Defendant-Appellant.

United States Court of Appeals Seventh Circuit.

Rehearing Denied December 16, 1960.

Attorney(s) appearing for the Case

Thomas L. Davis, R. Bruce Townsend, Indianapolis, Ind., Robert E. Magley, Indianapolis, Ind., Magley & Davis, Indianapolis, Ind., of counsel, for appellant.

Irvin Waldman, New York City, William H. Vobach, Indianapolis, Ind., for appellee.

Before HASTINGS, Chief Judge, and DUFFY and KNOCH, Circuit Judges.

KNOCH, Circuit Judge.

The Preferred Accident Insurance Company of New York, a New York insurance corporation licensed to carry on business in the State of Indiana, was adjudicated insolvent in proceedings instituted by the Superintendent of Insurance in New York, pursuant to the New York Insurance Law. The Supreme Court of New York State entered an order April 30, 1951, dissolving Preferred, placing it in liquidation, and annulling its corporate charter. The New York...

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