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STATE v. BAKERS' MUTUAL INS. CO.

49 N.J. Super. 114 (1958)

139 A.2d 335

STATE OF NEW JERSEY, BY CHARLES R. HOWELL, COMMISSIONER OF BANKING AND INSURANCE, PLAINTIFF, v. BAKERS' MUTUAL INSURANCE COMPANY OF NEW YORK, A NEW YORK CORPORATION, DEFENDANT.

Superior Court of New Jersey, Mercer County Court, Law Division.

Decided February 27, 1958.

Attorney(s) appearing for the Case

Mr. Harold Kolovsky, Acting Attorney-General of New Jersey (Mr. Harold J. Ashby, Deputy Attorney-General, appearing), attorney for plaintiff.

Mr. Harold R. Sandford, attorney for defendant.

LANE, J.C.C.

Plaintiff seeks to recover penalty for violation of N.J.S.A. 17:23-1, requiring insurance companies transacting business in New Jersey to file an annual financial statement with the Commissioner of Banking and Insurance on or before March 1.

Defendant insurance company did not file the required statement until March 21, 1957, and plaintiff, on motion, urges the court to enter judgment in its favor and against defendant in the amount of...

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