St. Paul daily globe., 1889-08-23

istrator, guardian, trustee, as
signee, receiver.
CTATE OF MINNESOTA, COUNTY OF
- Ramsey-ss. District Court second Ju-
dicial District.
Horace A. Taylor against North Star Mutual
Insurance Company, insOlvent
At Chambers, August 10Th. 1889.
This cause having been heretofore sub.
mitted to this Court, upon the petition and
application of the st. Paul Trust Com pany,
as the Receiver of said insolvent corporation,
for the order of this court directing the said
Receiver to make an assessment upon all
premium notes in it's hands. for a sum cuff
cient to payclaims filed against said iusolvent
corporation, for losses under its policies, and
for expenses of conducting its business, and
to which no objections have been filed by
said Receiver, and to make such further as
sessments on said premium notes as this
Court may hereafter order;
And this Court having heretofore issued Its
order dated March 23d, 1888, upon said Pc
tition, requiring all persons TO show cause.
at a Special Term of this Court, held on Sat-
urday. April 28, 1888. why the said order,
directing such assessments, should not be
granted, and due notice of such order having
been given by said receiver. as therein de
rected, and this Court having duly considered
the said petition, and the several reports OF
claims filed with said Receiver, and the
schedules of assets and liabilities heretofore
filed in this Court in the said matter:
1t appearing to the satisfaction of the Court
that the said Receiver received from said in
solvent company premium notes 10 the
amount OF S1l0, ,563. IA, and that at the date
of filing said petition. claims for losses under
policies and other miscellaneous claims for
expenses of conducting its business, and for
unearned premiums had been filed against
said insolvent corporation, amounting to
Sol 264.64
That of said claims for
losses and expenses,
objections have been
filed by said Re-
ceiyer to the amount
And Of said claims for
unearned premiums
objections have been
filed by said Re-
ceiver to the whole
thereof, amounting
to .......... ....... 6,7o3 4s
Leaving claims for
losses and expenses
filed. to which no
objections were filed,
amounting to. ....... 28,00S %
---S61, ,264 40
And it further appearing to the satisfac-
ton of the Court, that since filing the said
petition additional claims for losses under
policies of said insolyent corporation have
been filed with said Receiver, amounting to
81, 2O6 90, and additional claims for return
premiums to the amount of S5,687.23, to
all of which last named the said Receiver
has filed its objections;
And the said objections of said Receiver,
heretofore fled in this Court, against the al
lowance for certain of said claims for losses,
and to all of said claims for unearned pre-
miums having been heretofore submitted to
this Court. upon demurrer to the sufhcieney
of such objections. and the questions of law
arising thereon now remaining pending and
undetermined in this Court
Now, on motion of said Receiver IL Is Or
dered that said The St Paul Trust Company,
oc 10 N
is hereby authorized and directed to make
and levy an assessment OF fifty per centum
upon each aud all of the said premium notes
in its hands, afte: deducting therefrom the
amount of any credit, payment or assess
ment thereon which has been heretofore law
fully made and actually collected by said in
solvent corporation before the date of the
order appointing said Receiver. such assess
ment to be paid to said Receiver, at its Office
in the city of st. Paul, within forty days aft
er the publication and service of this order,
as hereinafter directed;
That notice of the said assessment be given
to each of the makers of said premium notes
by the publication of this order in the st.
Paul DAILY GLOBE, a public newspaper
printed and published in the city of ST. Paul,
for five successive days. within three days
after the date Of this order;
And that printed copy Of this order be
mailed to each of the makers of the said
premium notes. so far as the address Of said
maker is known to said Receiver, within ten
days after the date OF this order.
tits further ordered, that if any maker of any
of said notes neglects or refuses to pay the sum
assessed upon his or her note within thirty
days after the publication and mailing Of
said notice, as herein directed, the said re-
ceiver may sue for and recover the whole
credit or payment thereon heretofore law
fully paid to said insolyent insurance COM
pany.
1t is further ordered. that the said receiver
may, from time to time, hereafter apply to
this court, for leave TO make such further
and additional assessments upon said pre-
MUM notes as may be found necessary to en-
able it to pay claims and demands against
said insolvent corporation; but that no diyi-
dend or distribution Of the proceeds of the
said assessments be paid out or distributed by
said Receiver, until the further order and dI
rection of this court.
lsigned] WESTCOTT WILKlN,
District Judge.