The Portland daily press., 1895-10-29
NEW ADVERTISEMENTS.
STATE OF MAINE.

Cumberland, SIS. Y5,o,oi co,,..
stephen W. Carr, Insurance Commissioned
VS.. Provident Aid society.
To the Supreme judicial Court:
stephen ". Carr of BowCoinham IN the
County of Sagadahoc, Insurance Son-
missioner of the state of Maine, complains
against the provident Aid Society. corbo-
ration duly established by law, and having
its principal Office at Portland III the
County of Cumberland. and says.
1.-1hHt your complainant is the duly APP
pointed and qualified insurance commits.
sioner of the state of Maine,
2.-That said ProvideDt Aid Society is a
domestic lite insurance company, organized
and existing by virtue of its act of iDcorpo--
ration, Chapter sos of the Private and
special Laws of 1885.
3.-That, as your complainant is informed
and believes. ON the 20 h day OF August,
1895, meeting of the mentors OF said
Provident Aid Society was held in said
'orIl for the purpose OF determining
whether said Provident Aid Society would
reinsure its risks in the bay Stale Eene-
fioiary Association, a corporation duiy
established by law and having its principal
place of busine SIS in Boston in the County
OF Suffolk and Commonwealth of Massachu-
sets, under the conditions specified in
certain proposition made by SAID Bay State
Beneficiary Association and dated July
10th, 1885,
That more than two-fhirds of the niem-
bers present at gaid meeting voted in favor
of said reinsurance, and that said PIovi-
dent Aid Society thereafter took steps TO
carry said vote into effect.
4-That as your complainant IS informed
and believes, said PIovident Aid society
has reinsured it's risks so far AS possible
with said Bay State Beneficiary ASSOCIATIONS
and discontinued business.
5-That there are accrued indemnity claims
upon certificates and policies OF said coTpo-
ration, which are indefinite and unadJusted
in amount TO your complainant unknown.
all of which are outstanding and unpaid.
and that there are debts due from sald
corporation to its officers and others In
| amount 10 your complainant unknown.
| 6.-That, as your complainant is informed
and believes, said corporationahas an unex-
| hausi ed portion of its reserve and mortuary
| funds in the hanus OF the Treasurer OF tL9
| state of Maine, amounting to about ten
| thousand dollars tSl0,000). and thai 1t is Tor
the interest of all parties concerned tnat
| receiver be appointed to collect and hold
the assets of said CORPORATION tor ratabie
| distribution among all parties legally or
| equiiauly entitled thereto.
Your complainant further ayers thaf
| inasumch as said corporation has discon-
| tinued business, it is for the best interest
| of all concerned that the same be wound
| up and its existence ended.
| WHEREFORE. your complainant prays:
IL hat d tenpoIary Injunction may issue
restraining said Provident Aid Society, it's
ser wants and agents, in whole OF IN part,
| from proceeding further with its business.
- LIT process of subpoena may be
| issued directing said defendant to appear
on day certain and answer All and
| singular the premises.
8.-Ihal after due hearing had, perma-
| nent Injunction may issue restraining SAID
! defendant, us agents ard servants. IN
whole in part. from proceeding further
wit h its business.
4.-That after Tue hearing had, Rec
cayer may be appointed to take possession
| of the property and assets OF said corpora
| tion and also Masters it nee essary, SO fhab
said property and assets may ne converted
into cash and a BILE distribution thereof
made among the parties legally and
equitably entitled thereto.
5-That said defendant corporation may
6.-That such further equitable relief may
be granted as the Court may deem
necessay, to the end that the best interests
of all parties concern ed may be conserved
and their rights protected.
T.-That such orders, notices and DEGREES
may be made by the Court as may be
necessary o carry into effect the prayers of
the complainant herein nef fore set forth.
Dated this 18th day of October, A. d.
1896
Insurance Commissioner.
LESLIE Q. CORNISH.
Compliments Solicitor.
STATE OF MAINE.
October IS, A. D. 1896.
Personally arpeared stephen w.. Carr.
Insurance Commissioner OF the Stale OF
Maine, and made oath that he has read the
foregoing bill in equity and knows the con
tents thereof; that the same is true of his
knowledge. except the matters stated to be
on In formation and belief, aud as to those
mai tiers be believes them 10 be true. Be-
LESLIE G. CORNISH.
Justice of the Peace.
STATE OF MAINE.
cumberland S.:
supreme Judicial Court. IN Equity.
October "a. 1895.
Stephen W. Carr, Insurance Commits
sioner, VS.. provident Aid Soeiey.
In the above entitled cause it is ordered
that notice of the pendency thereof be
given by publishing an atteSted copy OF the
bill with this order thereon, once week
for three successive weeks in the Portla nd
Daily PRESS and Daily Eastern Argus, the
last publication TO be at least fourteen days
prior TO the first Tuesday of December. A.
ID. 1895: That all persons interested therein
may appear before this court on said first
Tuesday of December, A. D.. 1895, and
within hirty days thereafter file with the
Clerk OF said Court their demurrer. plea, or
answer to said bill.
S. q. STROUT,
Justice of S. J. Court.
LESLIE G. CORNISH,
Complainant's Solicitor.
A trne copy of bill and order of court
| thereon.
Attest:
| oct29 d1aw3wTu
l