Case Name: Sands, receiver, v. Graves, appellant
Court: New York Supreme Court, General Term
Jurisdiction: New York
Decision Date: 1873-09
Citations: 1 Thomp. & Cook 13
Docket Number: 
Parties: Sands, receiver, v. Graves, appellant.
Judges: 
Reporter: Thompson & Cook's Supreme Court Reports
Volume: 1
Pages: 13–13

Head Matter:
Sands, receiver, v. Graves, appellant.
Evidence—presumption of insolvency.
A judgment appointing a receiver for an insurance company is sufficient evidence in an action by such receiver, upon a premium note held by the company, that the assets of the company are not enough to pay its liabilities, and would raise a presumption that the whole of the premium note would be required for that purpose.
(In respect to excessive assessments, the court held the same as in Sands v Son, upon a like state of facts.)

Opinion:
Boardman, J.
Judgment affirmed.