The Portland daily press., 1895-11-12
MISCELLANEOUS.
STATE OF MAINE.
Cumberland, SIS.

Cumberland, SIS.
Supreme Judicial Court.
stephen W. Carr, Insurance Commissioner
VS.. Provident Aid society.
To the supreme judicial Court;
stephen ". Carr of BowC oinham in the
County of Sagadahoc, Insurance Com
missioner of the state of Maine, complains
against the proyident Aid Society, a oorpo-
its principal office at Portland in the
County Of Cumbt rland, and says
Ii hat your complainant is the duly APP
pointed and qualified insurance commits.
2.-That said Provident Aid Society is a
domestic life insurance company, organized
and existing 10y virtue of its act of iDcorpo-
ration, Chapter 505 of the Private and
Special Laws of 1885,
3.-rhat, as your complainant is informed
and belle, ea, on the 20 day OF August,
lss5, a meeting Of the mem9er Rs Of SAID ID
Portland for the purpose OF determining
whether said Provideni Aid Society would
reinsure its risks in the bay State Lene-
established by law and having its principal
place of business in Boston IN TIE County
OF Suffolk and Commonwealth of Massachu-
sets, under the conditions specified in a
certain proposition made by SAID Bay State
Beneficiary Association and dated July
10th, 1885,
That more than two-thirds of the Ilem-
beIs present at said meeting voted IN FAVOR
of said reinsurance, and that said PIovi-
dent Aid society thereafter took Steps TO
carry said vote into effect.
4.-1hat as your comp la1nant is informed
and believes, said Provident Aid Society
has reinsured its risks 10 far as posslole
with said Bay State beneficiary Association
and discontinued business.
5-That there are accrued indemnity ulaims
upon certificates and policies OF SAID corpo,
ration, which are indefinite and unaoJusGeo
iu amount to your compiainant unknoM;Ia'
all of which are outstanding and unpaid,
and that there are debts due from sara
corporation to its of1cers ana DINERS III
amount o vopr complainant unknown.
o-That, as your complainant Is INFORMED
and believes, said corporation. has an unex-
hausi ed portion of its reserve and mortuary
funds in the hands of the Treasurer or tie
state of Maine, amounting to about len
thousand dollars $1O,O0W. and that it is for
the interest of all parties concerned ina, q
receiver be appointed TO collect ana n1 h,l
| The assets of said corporation Ior ratapie
distribution among all parties legally or
eluiiauy entitled thereto.
Your complainant further avars tnat
| inasumcl as said corporation mas utsoon.
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.
Ihat process q suopoena may aynep
on a day certain. and answer All ana
singular the premises.
S.-That after due hearing had, a perma-
nent injunction may issue restraining SAID
| defendant, i,s agents ard servants. In
whole or in part. from proceeding further
wit b its business.
4-That a ter due hearing bad. a Re-
ceiyer may be appointed to take possession
of the property and assets OF SAID corpora
tion and also Masters If nee essary, so that
said property and assets may De converted
into cash and q rata BILE distribution thereof
made among he parties legally and
eouitably entitled thereto.
5.-Thal said defendant corporation may
be wound up and its existence ended.
6.-1 hat such further equita BILE relief may
be granted as the Court may deem
Necessary, to the emil that the best interests
of II parties concern ed may be conserved
and their rights protected.
7.-That such orders, notices and DEGREES
may be made by tie Court as may be
necessary t. carry into effect the prayers OF
the complainant herein before set forth.
Dated this 18th da3 Of October, "A. ID.
1895.
STEPHEN ". CARR,
Insurance Commissioner.
LESLIE c. CORNISH,
Complainani's Solicitor.
STATE OF MAINE.
October IS. A. D. 1895.
Personally appeared Stephen W. Carr,
Insurance Commissioner of the state OF
Maine, and made uat tn that he has read the
foregoing bill in equity and knows the con-
tents thereof: that the same is true of bis
knowls dge. except the matters stated to be
ON information and belief, and as to those
matters be believes them 10 be true. Be.
fore me,
LESLIE G. CORNISH,
Justice of the Peace.
STATE OF MAINE.
Cumberland S.:
supreme Judicial Cour'. In Equity
October "A, 1885,
stephen ". Carr, Insurance Commits
sioner. VS.. proyidpnt Aid Soeiey.
In the above entitled cause it is ordered
that notice of the tendency thereof be
given by publishing an atfested copy OF the
i,ill with this order thereon, once week
| for I hree successive weeks in the Portla nc
| Daily PRESS and Daily Eastern Argus, the
last puhlicafio TO be at least fourteen days
prior q o lie first Tuesday of December. A.
| d. 1895: That Ill persons interested therein
may appear before this court ON said firsi
Tuesday of December, A. D.. 1895, and
within thirty days theIeafter file with the
Clerk OF said Court their demurrer, plea, OIL
answer to said bill.
s. {. STROUT,
Justice of S. j. Court.
LESLIE G. CORNISH,
Conn lainant's solicitor.
A irne copy of bill and order of court
thereon.