St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-04-07

THE STATE OF MINNESOTA, RAMSEY
i county, ss.-District Court, Second Jul
dicial District.
Horace A. Taylor against North Star Blu>
tual Insurance Company, insolYent, Ell al.
AT CHAMBERS, March 23d, 1883.
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 petit
ton of The st. Paul Trust company re-
ceiver herein, filed February 2S, 1858, 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 it filed in this court,
under the said order of October 10, 1887.
And it appearing to the satisfaction of tho
insurance company for losses under its poll
icies, and for expenses OF conducting its
business, have been filed with said receiver
and by it filed in this court, without obiec-
tions, and now remaining unpaid, amount.
ing to SOS, 0S0. "a;
And that similar claims have been fled
with said receiver and by il filed in this
court with its written objections to the al
lowance thereof, amounting to S26, 373.72;
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,
amounting to So, 7034S;
And it further appearing to the satisfacs
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 inA
surance company, in the hands of said re.
ceiver;
Now, on motion of said receiver il is or.
dered that the makers of all premium notes
i'll the hands Of said receiver. and all Othee
persons i'll any manner indebted to said ins
surance company, and all persons in any
manner interested in the property and as
sets of said insurance company. appear be.
fore this court, att special term thereof, ap.
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. 1888, 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 ita
hands for a sum sufficient to pay the said
claims filed against said insurance company,
for 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 applied
ton Of said receiver, and without furtheR
notice, order and direct said receiver TO make
such further assessments upon said premiu1
notes as will provide for the payment OF such
claims for losses under said policies. or tor
expenses of conducting its business as have
been heretofore filed in this court by said rec
ceiver, with objections thereto, or as may
hereafter be duly filed and which shall be
hereafter duly adjudcated as valid claims and
demands against said insurance company, in
whole or i'll part.
Third-Why the said assessments so to be-
made shall be sufficient to also provide for
the payment of said claims for uncarned
premiums so filed, amounting to S. TOBIAS,
as well as for the payment of such furtheH
claims for unearned premiums as may bd
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 n 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 filed. or may hereafter
file, any claim or demand against said insurs
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 personality
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 a copy of this order in the ST,
Paul DAILY GLOBE, a public newspaper
printed and published in said Ramsey
county, for four successive weeks the first
publication to be made on Saturday, Marclr
"a, 1888.
[Signedl WESTCOTT WILKIN,
District Judge.