SECURITY FINANCE INS. CORP. v. INS. COMM'R

[No. 273, September Term, 1962.]

231 Md. 571 (1963)

192 A.2d 95

SECURITY FINANCIAL INSURANCE CORPORATION v. INSURANCE COMMISSIONER, STATE OF MARYLAND

Court of Appeals of Maryland.

Decided June 10, 1963.


Attorney(s) appearing for the Case

Submitted on brief by Keith L. Seegmiller and Cecil E. Custer for the appellant.

Harrison M. Robertson, Jr., Special Assistant Attorney General, with whom was Thomas B. Finan, Attorney General, on the brief, for the appellee.

The cause was argued before HENDERSON, HAMMOND, PRESCOTT, HORNEY and MARBURY, JJ.


PRESCOTT, J., delivered the opinion of the Court.

This is an appeal from a decree of the Circuit Court of Baltimore City, which assumed jurisdiction over the property and business of Security Financial Insurance Corporation (Security) for final liquidation of said corporation, and appointed John H. Coppage, Deputy Commissioner of Insurance, receiver to effectuate said liquidation.

Suit was instituted by the Commissioner of Insurance against Security under...

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