CLAY v. EAGLE RECIPROCAL EXCHANGE

No. 49392.

368 S.W.2d 344 (1963)

Jack L. CLAY, Superintendent, Division of Insurance, Department of Business and Administration of the State of Missouri, Respondent, v. EAGLE RECIPROCAL EXCHANGE and Missouri Managerial Corporation. In the Matter of Ralph B. HUTCHINGS and John E. Bell, d/b/a Bell-Hutchings Insurance Agency, Appellants.

Supreme Court of Missouri. Division No. 1.

Motion for Rehearing or to Transfer Denied June 4, 1963.


Attorney(s) appearing for the Case

Goldenhersh, Goldenhersh, Fredericks, Newman & Lane and Samuel J. Goldenhersh and Frank J. Lane, Jr., St. Louis, for appellants.

Charles H. Howard, Jefferson City, for plaintiff-respondent.


Motion for Rehearing or to Transfer to Court En Banc Denied June 4, 1963.

HOLLINGSWORTH, Judge.

On May 5, 1958, the Circuit Court of Cole County found Eagle Reciprocal Exchange, hereinafter called "Eagle", insolvent, adjudged that it be dissolved and that its affairs be liquidated in accordance with the provisions of Chapter 375, RSMo 1959, V.A.M.S.1 As a part of that decree and in accordance with said chapter, C. Lawrence Leggett...

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