Sands v. Graves
William G. Sands, Receiver, Etc., Respondent, v. Edward C. Graves, Impleaded, Etc., Appellant
Sands v. Graves, 48 N.Y. 653 (1871)
Summary
Action upon a premium note given to the .¿Etna Insurance Company of Utica, a mutual insurance company, organized under the general law passed April 10,1849.
Judgment reversed upon the ground that the assessment was for more than the proportion of the losses and expenses with which defendant’s note was properly chargeable.
Syllabus and headnotes are prepared by the reporter or publisher, not the court, and are not part of the opinion.
Opinion of the Court
Earl, C., reads for reversal.
All concur, except G-ray, C., not voting.
Judgment reversed and new trial granted, costs to abide event.
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