The Portland daily press., 1895-10-22
STATE OF MAINE.
Cumberland, SIS.

Cumberland. SIS. ,..,~.
steohen W. Carr, Insurance Commissioner
VS.. Provident Aid Society.
To the supreme judicial Court;
STEPHEN ". CaIr of BoWColnham IN Inc
County of Sagadahoc. Insurance. COM
missioner of the state of Maine, complains
against the provident aid society, eorpo-
its principal Office at Portland III Inc
County of Cumbe rand, and says.
LII hat your complainant is the duly July, ap-
pointed and qualified insurance comMis.
sioper of the State of Maine.
2.-Thal said Progident Aid Society is
domestic ne insurance company, oisanlZeu
anu existing by virtue of its act OF 1Dcorpo-
ration, Chapter sos of the Private and
Special Laws OF 1889.
8.-Tnat, as your complainant is Informed
and believes, on the 20 day OF August,
Provident Aid Society was held IN sald
Portland for The purpose OF determining
whether said Proyident Aid Society would
reinsure its risks in the bay Stale bene-
ficiary Association, a corporation GUY
stablisheu by law and having its principal
place of busiue SIS in boston IN the County
OF Suffolk nd Commonwealth of Massachu
setts, under the coneltlons speclIeo IN d
certain proposition made by sala Bay State
Beneficiary Association anu uaieu July
That more than two-thirds of the mem
be,s present at said meeting voted IN favor
OF said reinsurance, and that said PIoyl-
carry said vote into effect
At hat as your com claimant is Informed
and believes, said PIoyldenf Aia oociee1y
has reinsured Its risks 70 far rs possible
with said Bay Stale beneficiary Association
and disc ontinued business.
5-That there accrued indemnity claims
upon certificates and policies OF said corpo,,
ration, which are inde finite and unadJusted
ip amount to your complainant unknoWn,
al Of which are ontsta ndlng anq qro unpala Il
corpora ton to its officers and others III
amount O vour Complai nant unknown
6.-Thai, as your complainiant u.s. IS ihaorm a~.
hausled portion of il s reserve and mortuary
funds in the hanos of the Treasurer Oh Tie
state of Maine, AMOUNTING 70 apo9t Zen
thousand dollars 100000. and that it IS for
the interest of all parties concerned tha5 a
receiver be appointed to collect and hold
The assets of said corporation 1or ratRple
distribution among all parties lesaHJ VI
elui, auly tiled thereto.
Your complainant further AYERS that
inasunlch said corporation has dlscon-
tlnued business, il is for The best interest,"
OF all concerned that the same he wound
up and its existence ended.
WHEREFORE. your comfla1nant praYs:
THAT temporary Injunction may issue
Restraining Sd i'd PIoyident AId Society, It's
servants and agents, in whole or IN part,
from oceeding her Will lis business.
2.-iLat process OF subpoena may oe
issued direC ling said defendant to appear
on u day certain and answer all ana
singular the premises.
D.
nent Injunction may issue restrain Ing sald
,ie{endent us agents ard servants. IN
whole or In part. from proceeding 1uflhef
vii b its business.
4.-rhat after due hearing had. Re-
carver may be appointed to take possession
of the property and assets OF sad corpora
ton and also Masters if nee essary. SO that
said properly and assets may De con verified
into cash andsa ratable dis. ribntion thereof
made among The parties legally ana
equitably entitled thereto.
5-That said defendant corporation may
be wound up and lis existence ended.
G-i hat such further equita Ole relief may
be granted as the Court may deem
uecessRy, to the emf that the best INTEREST,"
OF al parties concerto ed may pe conserved
ard tfeir Iis hts protected.
That such orders. noliees and deere e e
may be made by tie Court as may pc
necessary o carry into effect the prayers OF
the complainant nereinnefore set forth.
Dated this 18th da3 of October, A. L.
STEPHEN W. CARR,
Insurance Commissioner.
Leslie G. CORNISH,
Compliments Solicitor.