JACOBS v. DeSHETLER

Nos. 71-2079, 72-1118.

465 F.2d 840 (1972)

The Rev. Andrew P. JACOBS et al., Plaintiffs-Appellants, v. Kenneth DeSHETLER, Superintendent of Insurance of the State of Ohio, et al., Defendants-Appellees.

United States Court of Appeals, Sixth Circuit.

August 15, 1972.


Attorney(s) appearing for the Case

William E. Knepper, Columbus, Ohio, for plaintiffs-appellants; William L. Clark, Columbus, Ohio, Senator Frank J. Lausche, Bethesda, Md., on brief.

Curtis H. Porter, Columbus, Ohio, for defendants-appellees; William J. Brown, Atty. Gen. of Ohio and Lawrence A. Berlin, Columbus, Ohio, on brief.

Before CELEBREZZE, McCREE and KENT, Circuit Judges.


PER CURIAM.

Plaintiffs are members and policyholders of American Life Insurance Association (ALIA), a Connecticut fraternal benefit society, who challenge an agreement entered into by ALIA with Investment Life Insurance Company of America (ILICA), an Ohio stock life insurance company, which by its terms would ultimately result in a merger of ALIA into ILICA.

In 1962 ALIA and ILICA entered into what was labeled a "Reinsurance Agreement." Under the terms of...

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