[Download] "Sachs v. Ohio Nat. Life Ins. Co." by United States Court of Appeals for the Seventh Circuit # Book PDF Kindle ePub Free

📘 Read Now     📥 Download

eBook details

• Title: Sachs v. Ohio Nat. Life Ins. Co.
• Author : United States Court of Appeals for the Seventh Circuit
• Release Date : January 28, 1940
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 63 KB

Description

The appellants as creditors of the Roseland State Savings Bank (Illinois corporation), instituted suit in an Illinois state court to enforce the constitutional superadded liability of the stockholders of the state bank to its creditors. In our case the stockholder in question is the American Old Line Life Insurance Company (Illinois corporation), hereinafter also referred to as the "American Old Line" or the "Insurer," and the appellee is the Ohio National Life Insurance Company (Ohio corporation), hereinafter also referred to as the "Ohio National" or the "Reinsured," which agreed to reinsure the policies of the former upon certain terms and conditions. When the Ohio corporation was made a party defendant in the state court, it removed the separable controversy as to it to the District Court where later it moved for summary judgment. The court rendered judgment pursuant to defendants motion and the appellants appealed therefrom.

PDF Books Download "Sachs v. Ohio Nat. Life Ins. Co." Online ePub Kindle