St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-04-13

- D. u
dical District
Horace A. Taylor against North Star Mu-
tual Insurance Company. insolvent, ct al
AT CHAMBERS, March sd, 1888.
This cause came on to be heard this day,
upon the order to show cause heretofore is
sued therein, dated October 10th, 1887, the
proofs of service of said order and the peti-
ton of The st. Paul Trust company, re-
ceiyer herein, filed February 20, 1883. for
leave to make an assessment upon premium
notes, which petition contains a summary
statement of the assets of said insurance
company which had come to the possession
or knowledge of said receiver, and of the
verified claims which had been filed with
said receiver, and by il fled in this court,
under the said order of October 10, 1887.
And it appearing to the satisfaction of the
court that duly verified claims against said
insurance company for losses under its pol
icies, and for expenses of conducting its
business, have been filed with said receiver.
and by 1T filed in this court, without objec-
lions, and now remaining unpaid, amount
ing to S2S, 0SO.24;
And that similar claims have been filed
with said receiver, and by it filed in this
court, with its written objections to the al
lowance thereof, amounting to S26, 1873. ~;
And that verified claims against said in
surance company, for unearned premiums
onits Cancelled policies, have been filed with
said receiver, and by it filed in this court
with its objections to the allowance thereof,
amounting to So, 703.4S;
And it further appearing to the satisfac-
ton OF the court, that the assets in the hands
OF said receiver belonging to said insurance
company will not be sufficient to pay the
costs and expenses of the said receiver. the
preferred claims and other claims for sala-
ries, wages, labor and other expenses in
Cured by said insurance company in con-
Quoting its business, and the claims for losses
under its policies, so filed and reported, with
out an assessment upon the premium notes
and other obligations belonging to said in
suranee company, in the hands of said re-
ceiver;
Now, on motion of said receiver, It is or.
dered that the makers of all premium notes
i'll the hands of said receiver, and all other
persons in any manner indebted to said in
surance company, and all persons in any
manner interested in the property and as
sets of said insurance company. appear be-
fore this court at n special term thereof an
pointed to be held at the court house in the
city of st. Paul. in said Ramsey county, on
Saturday, the twenty-eighth (2Sth) day of
April A. ID. 1883, at the opening of said
court on that day. or as soon thereafter as
counsel can be heard, and then and there
show cause, If any they have as follows:
First-Why the said court shall not order
and direct the said receiver to make an as
sessment upon all premium notes in its
hands for Il sum sufficient to paw the said
claims filed against said insurance company
Tor losses under its policies and for expenses
of conducting its business and to which no
objections have been filed by said receiver,
amounting to S2S,0S0.24, with interest ac-
crued and TO accrue thereon.
Second-Why this court shall not, from
time to time, upon the motion and applica-
ton OF said receiver, and without further
notice, order and direct said receiver to make
such further assessments upon said premium
notes as will provide for the payment of such
claims for losses under said policies or for
expenses OF conducting its business. as have
been heretofore filed In this court by said re-
ceiyer, with objections thereto, or as may
hereafter be duly filed. and which shall be
duly adjudicated as valid claims and
demands against said insurance company, in
whole or in part.
Third-Why the said assessments so to be
made shall be sufficient to also provide for
the payment of said claims for unearned
premiums so filed, amounting TO SO, 703.48,
as well as Tor the payment of such further
claims for unearned premiums as may be
hereafter filed as claims against said insur-
ance company.
1t is further ordered that notice of this
order shall be given to all parties interested
by said receiver by mailing a printed copy
thereof to the maker OF each of said premium
notes, and 10 each person otherwise liable on
said notes, and every person or corporation
who has heretofore fled or may hereafter
file, any claim or demand against said insur-
ance company, to the address of such per-
sons or corporations so far as known to said
receiver, or as disclosed by the books OF said
corporation, or by the delivery of such copy
to such persons or corporations personally ;
such copies TO be so mailed or delivered with
in fifteen days after the date hereof. And
that further notice thereof be given by the
publication of copy of this order in the St.
Paul DAILY GLOBE, public newspaper
| printed and published in said Ramsey
county, for four successive weeks. the first
publication to be made ON Saturday Marck
"a, 1888.
[signedl WESTCoTT wILKIN,
District Judge.