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Story
February 10, 1906
Daily Press
Newport News, Virginia
What is this article about?
North Carolina courts appoint temporary receiver for New York-based Mutual Reserve Fund Life Association's local business to collect $2,000 owed to J. W. Blackwell in Durham, with further proceedings pending in Greensboro.
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LIFE INSURANCE COMPANY'S FUNDS ATTACHED BY STATE
North Carolina Takes Drastic Action Against New York Association to Collect Policy.
(By Associated Press.)
RALEIGH, N. C., Feb. 9.--Tonight in Durham, in the State courts, a temporary receiver was appointed for the Mutual Reserve Fund Life Association, of New York, on its business in this State, the Durham Loan and Trust Company being appointed receiver, the matter being returnable in Greensboro, February 21, on application to make the receivership permanent until enough is collected to pay $2,000 claimed by J. W. Blackwell, of Durham.
A second order was also signed directing the company to show cause in Greensboro on February 24 why a temporary receiver should not be appointed on claims for $3,000.
Judgments for the amounts have been obtained and all payments other than to the temporary receiver have been enjoined.
North Carolina Takes Drastic Action Against New York Association to Collect Policy.
(By Associated Press.)
RALEIGH, N. C., Feb. 9.--Tonight in Durham, in the State courts, a temporary receiver was appointed for the Mutual Reserve Fund Life Association, of New York, on its business in this State, the Durham Loan and Trust Company being appointed receiver, the matter being returnable in Greensboro, February 21, on application to make the receivership permanent until enough is collected to pay $2,000 claimed by J. W. Blackwell, of Durham.
A second order was also signed directing the company to show cause in Greensboro on February 24 why a temporary receiver should not be appointed on claims for $3,000.
Judgments for the amounts have been obtained and all payments other than to the temporary receiver have been enjoined.
What sub-type of article is it?
Historical Event
What themes does it cover?
Justice
What keywords are associated?
Life Insurance
Receiver Appointed
North Carolina
Policy Claim
Funds Attached
What entities or persons were involved?
Mutual Reserve Fund Life Association
J. W. Blackwell
Durham Loan And Trust Company
Where did it happen?
Durham, Raleigh, N. C., Greensboro
Story Details
Key Persons
Mutual Reserve Fund Life Association
J. W. Blackwell
Durham Loan And Trust Company
Location
Durham, Raleigh, N. C., Greensboro
Event Date
Feb. 9
Story Details
A temporary receiver was appointed for the Mutual Reserve Fund Life Association's business in North Carolina to collect $2,000 claimed by J. W. Blackwell. A second order directs the company to show cause why a temporary receiver should not be appointed on claims for $3,000. Judgments obtained and payments enjoined except to the receiver.