Chicago Traction Fight Reaches Supreme Court Tangle
Chicago attorneys move quickly to the Supreme Court to contest the North and West Side traction reorganiza tion plan. Judge Grosscup defends the decree while bond plans of about 30 million dollars are outlined to protect major bondholders if the Aldrich appeal proceeds.
MENTIONED IN THIS ARTICLE
Chicago
Supreme Court
Washington
Grosscup
New Chicago Railways Company
Union Traction Company
C. H. Aldrich
Aldrich
Whho
Aldrich-Crawford
Grosseup
Micago Railways
United States Circuit Court of Appeals
Alce
Chicago Railways Company
Tnion Traction Company
Texas Halts Mutual Reserve Life Insurance Business
Texas Commissioner of Insurance stopped the Mutual Reserve Life Insurance Company by cancelling its certificate of authority and those of all agents. The company had operated in Texas for 25 years with 1,629 policies totaling 3,632,162 dollars in force. The move reflects strict Texas insurance laws pressuring New York insurers to exit Texas markets.
MENTIONED IN THIS ARTICLE
Texas Commissioner of Insurance and Barking
Texas
Mutual Reserve Life Insurance Company
Texas Insurance Department
Texas Department
Mutual Reserve
New York
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