The Portland daily press., 1895-10-30
STATE OF MAINE.
Cumberland, SIS.
Supreme Judicial Court.


stephen W. Carr, Insurance Commissioner
vs. Proyident Aid Society.
To the Supreme judicial Court:
Stephen ". Carr of BoWGolnham IN the
County of Sagadahoc, Insurance Com
missioner of the State of maine, complains
ration duly tablished by law. and having
its principal Office al Portland IN The
County of Cumberland. and says
Ii hat your complainant is the duly APP
polnted and qualified insurance commits,
siorer of the state of Maine.
2-That said Provident Aid Society is a
domestic life Insurance. company, organized
and existing by virtue of its act of 1pcorpo,-
ration, Chapter sos of the Private ana
Special Laws OF 1889.
3-Tnat, as your complainant is informed
and believes. on the 20lh day OF August,
1896. a meeting of the members of SAID
Proyident Aid Society was held In SAID
whether said Provident Aid Society would
reinsure its risks in the Bay State Bene-
fcisrg Association, corporation duiy
place of business in Boston in the County
OF Suffolk and Commonwealth of Massachu-
setts, under the conditlons speci1eo In a
certain proposition made by SAID Bay state
Benefie larry Association and dateu July
10TH, 1888.
That more than two-ihirds of the nem-
bers present a said meeting voted in favor
of said reinsurance, and that said Proy1-
dent Aid society thereafter took steps to
carry said vote into effect.
4-That as your complainant is informed
and belle yes, said Provident AID Society
has reinsured Its risks 80 lar as possible
with ssid Bay State beneficiary Association
and discontinued business.
5-TLat there are accrued indemnity claims
upon certificates ana policies of said corpo-
ration, which are indefinite and unadJusted
ia amount to your complainant unknown,
all of which are outstanding and unpaid.
and that there debts due from said
corporation to its officers and others In
amount 10 your complainant unknown
o.-That, as your complainant is informed
and believes, said corporatIonshas an unex-
hausted portion OF lis reserve and mortuary
funds in the hands CT The Treasurer OF tie
state of Maine, amounting to about ten
thousand dollars 100000. and that it is for
The in teIest of all parties concerned that
receiver be appointed to collect and hold
the assets of said corporation ior TataDle
distribution among an parties legally or
eluitauy entitled thereto.
Your complainant further AYERS that
inasuEch as said corporation mas dlscon-
tinued business; il is for the best interest
of all concerned that the same be wound
up and its existence ended.
WHEREFORE. your complainant prays:
THAT temporary Injunction may Issue
restraining SAID Proyident Aid Society, its
servants and agents. in whole or in part,
from proceeding further with its business.
issued dree Gre' said deiendans to sppear
on a day certain and answer AL ana
singular the premises.
a.-ThaE after due hearing had, perma-
nenr injunction may issue restraining said
defendant, its agents ard servants. IN
whole or in part. from proceeding further
with its business.
4.-That after due hearing had. a Re-
ceiyer may be appointed to take possession
of the property and assets OF SAID corpora
ton and also Masters if nee essary. so that
said property and assets may &c converted
into cash and ratable distribution thereof
made among the parties legally and
eQuitably entitled thereto.
5.-That said defendant corporation may
be wound up and it's existence ended.
THAT such Further equita BILE relief may
Necessary, to the end that the best interests
of all parties concerned may be conserved
and their rights protected.
f.-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 before set FORTH,
Dated this 18th day of October. A. D.
STEPHEN v. CARR,
Insurance Commissioner.
LESLIE @. CORNISH,
Compliments Solicitor.
STATE OF MAINE.
KenneDec. SIS.
October IS, A. D. 1895.
Personally appeared Stephen ". Carr.
Insurance Commissioner OF the State of
Maine, and made oath that be 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 information and belief. and as to those
matters he believes them 10 be true. Be-
LESLIE c. CORNISH,
Justice of the Peace.
STATE OF MAINE.
Cumberland S.:
Supreme judicial Court. IN Equity.
October "a. 1896
Stephen W. Carr, Insurance Commits
sioner, vs. Provident Aid Soeiey.
N the above entitled cause it is ordered
shat notice of the tendency thereof be
given by publishing AN aItested copy of the
Fill with this order thereon, once week
for three successive weeks in the Portla nd
Daily PRESS and Daily Eastern Argus, the
last publication be ut least fourteen days
prior to the first Tuesday of December. A.
D. 1895: That AL persons interested therein
may appear before This court on ,s said first
Within thirty days theTeafter file with the
CLERK OF said Cnurt their demurrer, plea, or
answer to said bill.
:. Z. STROUT,
Justice of S. j. Court.
LESLIE c. CORNISH.
Complainant's Solicitor.
A trne copy of bill and order of court
thereon.
Attest: