Majority
p. 538In the Matter of the Application of the People of the State of New York, by James A. Beha, as Superintendent of Insurance of the State of New York, Respondent. Hamburg Insurance Company et al., Appellants; Second Russian Insurance Company, Respondent. (Argued October 4, 1928; decided October 23, 1928.)
p. 539
Hartwell Cabell, Blaine F. Sturgis and William B. Devoe for appellants.
James F. Donnelly, Clarence C. Fowler, John M. Downes and Alfred C. Bennett for Superintendent of Insurance, respondent.
Paul Bonynge for Second Russian Insurance Company, respondent.
Frederick B. Campbell and Paul C. Whipp for Russian Reinsurance Company et a!., amici curioe.
Albert Massey and Michael S. Gleason, amici curioe.
Concur: Cardozo, Ch. J., Pound, Crane, Andrews, Lehman, Kellogg and O’Brien, JJ.