St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-08-22

THE ST.PAULT TRUST COMPANY
Offices Cor. Fourth and Jackson
streets-acIs as executor. admin
isTrator, guardian, trustee, as
SiEuee. 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 81. Paul Trust Company,
as the Receiver of said insolvent corporation.
for the order of this court directing the sad
Receiver to make an assessment upon all
premium notes in its hands for a sum gu1a-
Gent to payclaimsd fled against said insolvent
CORPORATION. for losses under Its policies, and
for expenses of conducting lis business and
TO which no objections have been nled Dy
said Receiver, and TO make such further as
sessments on said premium notes as this
Court NAV hereafter order;
this Court having heretofore issued Its
order. dated March I'D, 1855. upon said Pc
tition, requiring all persons TO show cause,
at q SPECIAL Term of this Court, held on Sat
urday April D. 1883, why the said order.
directing such assessments, should not be
granted, and due notice Of such order having
been given by said receiver. es therein dl-
rected. and this Court having duly considered
the said petition. ana the several reports OF
claims fled with said Receiver. and the
schedules of assets and liabilities heretofore
fled in this Court in the said matter:
1t appearing 10 the satisfaction OF the Court
that the said Receiver received from said IN
solvent company premium notes 10 the
amount OF 81 I0,563.14. and that at the date
of filing said petition. claims Tor losses under
policies. and other miscellaneous claims for
expenses Of conducting its business. ana for
uuearned premiums. had been FLED against
said insolvent corporation, amounting TO
Sol. 26464;
That OF said elaimsfor
losses and expenses.
objections have been
fled by said Re-
ceiyer to the amount
S26,555 IL
And Of said claims for
unearned premiums
objections have been
fled by said Re
ceiver TO the whole
10 -. 6,703 4s
Leaving claims for
losses and expenses
/. fled. to which no
objections were fled
amounting 10. 2S,OOS %
And ii further appearing to the ~satisfac-
ton Of the Court, that since fling the SAID
petition additional claims for losses under
policies Of said insolvent corporation have
been filed with said Receiver amounting 10
81. zoe. 90, and additional claims for return
premiums TO the amount Of $685.. Is. to
all of which last named the said Receiver
has fled its objections;
And the said objections Of said Receiver,
heretofore fled in this Court against the al
lowanee for certain of said claims for losses
and To all of said claims for unearned pre-
miums. having been heretofore submitted 10
this Court upon demurrer to the sutneleney
Of such objections, and the questions of law
arising thereon now remaining pending and
undetermined in this Court;
Now. on motion of said Receiver. it is or
dered. that said Tit St Paul Trust Company,
as the Receiver of said inSOlvent corporation,
is hereby authorized and directed to make
and lew an assessment Of fifty per eeDtum
upon each and all Of the said premium notes
IN its hands. after dedueting therefrom the
amount of any credit payment or assess
ment thereon which has bean 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
ar 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 thai q 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 neg1ects OF 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-
eeiver may sue for and recover the whole
amount of such premium note, less any
credit or payment. thereon heretofore law
fully paid TO said insolvent insurance COM
pauv.
It's further ordered, that the said receiver
NAV. from time 10 time, hereafter apply to
this court. for leave 10 Ia such further
and additional assessments upon SAID pre-
mum notes as may be found necessary TO en-
able il 10 pay claims and demands against
said insolyent corporation: but that DO dIv1-
dend or distribution of the proceeds Of the
said assessments be paid out or distributed by
said Receiver until the further order and Oh
reerion of this court.
[signedl WEsTCoTT W1LKIN,
District Judge.