, 1872-11-07
INSURANCE.
Fifty:two Supposed Stockholders Of the
Company.
Are the Creditors Of the State Insurance Company
to Get $500, 600, or Be Satisfied NTH
3157, ,0009

| ers, Us given below, representing q capital OF
| S258,00O In the bill, the assignee sets forth
| that the books, papers and stock notes of the
| company we're destroyed by fire; that the hold
ers arc believed to haye paid twenty per cent in
cash, leaving eighty per cent unpaid; that q
dividend Of thirty per cent has been declared,
which was indorsed On the back Of said stock
notes, in part payment thereof; that these stock
notes form m important part OF the assets Of
] company; that no call or assessment has
over been made on them; and that
| the whole Of the assets, including
these stock notes, will fall short Of the
debts that have already been proved against the
Company. Petitioner prays that each stock
holder named may be interrogated az to the
amount Of stock he held, the amount received
in dividends, and the amount remaining due
thereon, and that the balance, whatever it may
be, be declared the property OF the Company.
The following are the suits, as entered in the
United States District Court, yesterday: James
Long, assignee of the Equitable Insurance Com
pany, OF Chicago, and the following defendants !;
bill to iDterrogate the defendants as to the
amount of stock owned by them, and the balance
due on such stock, and to require payment OF
Edward Mendel, $4,000; Jabez Z. Botsford,
$1,000; Eldridge G. Hall, S., 1000; Wiley III.
Egan, 5000; J. S. Sharp, $4,000; John n.
Ciark, $1,000; George n. Howe, $4,000; J. T.
fsala Gstt $780, y o L. ssttsree osss1 s5qeo;
sMfs Mann ?ee seott sS8; 4 j. 9af5s GsI $685.
2: P: Matthews, St, 1000; Edwin Burnham,
5000; 4. E. Kent 5000; James me- 3; Bowen,
Walker, $1,000 ". T. Allen, 5000; James
Cyrus Bentley, $500; Harleg v. Wetherel'
5000 George $. Bowen. 81, 1000; A. D. Tits
worth, s. Geo Osborn r. Keith, $1,000 s. s.d A.
Frederick Tuttle, s9,0o0 Stephen P. Iunt,
5000; Daniel B. Shipman, $4,000; George E.
q: A. Towner, ST, 900: William I. Grey, $4,000;
$500; ;ispi Ralph 1sSa@, siam 5000; s: Z: seslya, ]
$1,000; George N. Kimbark, 5000; William
R. Gould, $1,000; Leroy Church, $4,000 !;
Frederick Crumbaugh, s5,00o Seneca D. Kim
PARK, IS ooo; 2. < Bruce, gig, ,ooo; Levi q.
| than 7. Scammon, $1,000, and James K. Dole,
$4,000. Hoyne, Horton j. Hoyno attorneys.
| STATE INSURANCE COMPANY.
Judge Drummond delivered his opinion, yes
terday morning, On the revisory potion Of King,
Hale, and others. The case PRESENTED itself n
the following shape: About month ago, q rule
was pending in the District Court against G. G.
Smith, Treasurer Of the State Insurance Com
PS requiring nm to shSW aS" oo cause use Th he
lars to the assignee, for the of the creditors;
the rule WAS discharged by the District Court,
on settlement made By the assignee, with
said Smith, By which the sum OF $157, 900 only
was paid over, without the consent Of the petit
TONERS OF their attorneys. From this action OF
the District Court, in discharging said rule, pc
titioners dissented; they fled revisory petit
tion in the Circuit Court praying that the action
Of the assignee, in entering into
the compromise, and the action OF
the District Court, in discharging
the rule in the terms of the compromise, be
set aside, and the rule reinstated, To this tho
respondent, George c. Smith, replied, among
other things, that the auditors had no standing
in the Court, the assignee being the only legal
representative Of the estate, and yesterday
Judge Drummond decided. His Honor eaid that
the auditors have right to intervene, that they
have rightful standing in both Courts, and that
the rule be renstated in accordance with the
prayer of the petition. Tho Court was further
understood to have said that the balance Of the
money would hare to be paid into Court, or
satisfactory bond be given for tho same.
FINAL ACCOUNT.
The final account Of Horace 4. Hurlbut. Re-
ceiver OF the State Insurance Company, in bank-
ruptcy, was yesterday approved on the Chancery
side OF the Circuit Court. The Receiver states
that he has on hand q balance OF 915, ,379.62,
consisting Of balance as per previous report
(315, ,634.62) less paid Hitchcock, Dupeo l.
Evarts, solicitors fees, and costs Of Court, and
he asks permission to transfer the same to the
assignee, which is granted.
Trr