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LINCOLN BONDING & INSURANCE COMPANY v. BARRETT

No. 36016.

138 N.W.2d 462 (1965)

179 Neb. 367

LINCOLN BONDING & INSURANCE COMPANY, a Corporation, Appellee, v. Frank J. BARRETT, Director of Insurance of the State of Nebraska, Appellee. Edward A. Dosek, Intervener-Appellant, Leon Bingham & Rose Bingham, Interveners-Appellants.

Supreme Court of Nebraska.

November 26, 1965.

Attorney(s) appearing for the Case

Thomas J. Gorham, Lincoln, for intervener-appellant Dosek.

Edwin F. Dosek, Lincoln, for interveners-appellants Bingham et al.

Chambers, Holland & Dudgeon, Lincoln, for Lincoln Bonding & Ins. Co.

Clarence A. H. Meyer, Atty. Gen., Richard H. Williams, Asst. Atty. Gen., Lincoln, for Barrett.

Heard before WHITE, C. J., and CARTER, SPENCER, BOSLAUGH, BROWER, SMITH, and McCOWN, JJ.

CARTER, Justice.

This is an action in which the Lincoln Bonding & Insurance Company, a corporation, appears as the plaintiff and Frank J. Barrett, Director of Insurance of the State of Nebraska, appears as the defendant. The petition alleged that the capital account of the corporation had become so impaired that the purposes of the corporation could no longer be achieved, and prayed for the dissolution and liquidation of the corporation. Leon Bingham and Rose...

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